Monitoring Key Level Post Bullish Shark Pattern Confirmation

RaynLim Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY exhibits a confirmed Bullish Shark Pattern on the 1-hourly chart, prompting my engagement in the pattern. However, my attention is focused on the critical 108.55 level.

I'm closely monitoring the market's behaviour around this level. A preferred scenario would involve a break and close above 108.55, signifying potential bullish momentum.

What's your analysis or stance on CADJPY?
Share your thoughts below!
Trade active:
TP1 Attained: 108.93(+61)1.27

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

Get into our 15mins workday community

Live session & Trading Tips on the GO

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.