Canadian Dollar / Japanese Yen

Short

Updated

SELL CADJPY

Price Action presents us with an opportunity to short this market by way of a complete bearish patron bat pattern, concomitantly we have two fibs lining up PRZs in the same zone so we sell and maintain risk management.
ENTRY 107.886
TP1 107.137
TP2 106.618
TP3 106.099
SL 108.478

Trade active

Double Top formation completed confirming bearish PA

Note

First Take profit target reached.... looking to get second target

Note

The Second Target got hit..
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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.