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lyl89

CADJPY - Bearish Shark Pattern on H4

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
lyl89 Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY Harmonic Patterns Bearish Shark Shark cadjpyshort
2
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cadjpy harmonicpatterns bearishshark sharkpattern cadjpyshort
CADJPY Analysis

This shark pattern has a very good risk to reward, about 4.5 & 8.5 respectively, PRZ is about 18 pips.

In addition, the thick black dotted line is based on daily trend, might be a strong support line.

I will follow up if pattern completes.

Comment:
Price has just hit the PRZ, wait for the next point to hit.
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