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PipsMatter

CADJPY BUY | Weakness seen in JPY pairs and strength in CAD

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
PipsMatter Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Chart Patterns CADJPY jpy CAD
1
1
chartpattern cadjpy jpy cad
The RR on this setup is a positive 2.4 and im trading a reversal contraction, it is a short-term contraction with the TP being just 53 pips away which will make this officially a Moneymonday.

JPY is showing weakness acorss the board at this time with contraction occuring virtually on all JPYXXX assets.
Trade closed: target reached:
TP reached :)
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