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RaynLim
Dec 4, 2023 12:19 PM

Monitoring Key Level Post Bullish Shark Pattern Confirmation Long

Canadian Dollar/Japanese YenFXCM

Description

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
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