Week 7 assignment (EXHIBIT E) for CADJPY by PROSHERIFF
BULLISH ABCD PATTERN
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 104.700.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.
1. Strong up trend can be expected.
2. A rejection can be seen at point D.
3. Bullish Candles have started to appear after the conformation of the pattern.
4. A tight TP is set with a take profit level of 104.700.
5. A stop loss level of 103.521 is set.
6. RR ration of 1:3 is taken for this trade.
Trade closed: target reached