CADJPY Bear Bat with RSI overbought

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Canadian Dollar/Japanese Yen (FX:CADJPY)

FX:CADJPY Canadian Dollar/Japanese Yen

batpattern

On CADJPY H1 there's a bearish bat pattern.

The risk/reward is about 1.

I'm publishing a different trade idea on higher timeframe on this cross to go long.
So stay tuned !

Related Ideas

about CADJPY

How do you decide which one to follow?

timwest

Hi Tim, it depends on your rules, what kind of trader you are and which timeframe you trade on.
You could also think to trade both ideas.
This period I use to be an intraday trader and work in consolidation markets (counter trend) so I'd go for the H1 timeframe trades.

What about you ?

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