RaynLim

CADJPY - Bearish Deep Gartley Pattern

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
This is 1 of the most important trade for the week, at least for me it is. We had bearish Deep Crab pattern that we short at the HOP level and had gained 316pips on the 1st target.

Well, we are still in this trade and I'm watching closely on this pair if the market retest the bearish Deep Gartley pattern, after the candle confirmation I will engage a new trade to multiply the trade.

If market retest the support at point A, I will observe how the candle close, a break and close below A, I will keep the former trade(link at the bottom), however, if it starts to show a double bottom with RSI Divergence, I may intervene and exit the formal trade and turn long.

We believe that we should not slog our life away. Keep working to the minimum. How about 15mins a day?

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