An example of a perfect trade

FX:CADJPY   Canadian Dollar / Japanese Yen

Bearish position rewarded our team heavily

Technical confluence is key

The reasons that we took this trade

- Previous Structure
-Price came in to 0.618 Fibonacci retracement levels
-A bearish bat formation completed at the same area
- An ABCD Pattern completed at the same area

After the price hit this level, it immediately became Bearish and our profit targets were hit.

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