Divi

CADJPY 1H Bullish Idea

Long
OANDA:CADJPY   Canadian Dollar / Japanese Yen
This bullish complex price structure is very powerful if it holds. If it holds this is likely a conservative target but it calls for this target which is based on an AB=CD pattern where my target area is D. The same exact pattern just played out on the AUDNZD but it was bearish (attached as related idea). The sequence of patterns are examples of bullish and bearish complex price structures that create trading opportunities.

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