marco_casario
Short

CADJPY Bear Bat with RSI overbought

FX:CADJPY   Canadian Dollar / Japanese Yen
Bat
25 2 1
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 !

How do you decide which one to follow?
Reply
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 ?
Reply
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