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pjpfowler

CADJPY - 240 Bullish continuation and BAT Pattern set up

Long
Canadian Dollar / Japanese Yen (OANDA:CADJPY)  
pjpfowler  
OANDA:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns CADJPY Bullish Patterns continuation Bearish Bat
3
0
trendanalysis chartpattern cadjpy bullish continuation bearishbat
In consolidation. Recent high has broken previous structure high at 83.238 and is in a bullish trend. On the Day chart this is the last leg of a BAT pattern looking at completion of the D point at 102.765, quite some way off. The recent reversal in the "kill-zone" box has seen continuation of the bullish trend but has yet to break the current highest point at 83.554 and close above it. This would confirm the continuation up. On the watch list for a completion of the larger BAT.
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