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AdamHong
Nov 8, 2016 7:08 AM

CADJPY:Potential Bullish Bat Pattern and 1.618AB=CD Long

Canadian Dollar/Japanese YenFXCM

Description

The potential bat pattern will complete at 75.8 level and the D of the 1.618AB=CD locates at 75.6 level.
Meanwhile the previous low points work at this zone.
So it is good to buy long at 75.6-75.8 level when bullish candles appear.
SL:below 75.4
TP1:77.0
TP2:77.8 and further more

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