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Andre_Cardoso
Feb 5, 2017 6:36 PM

(4h) Structure for Bears Advanced Patterns for Bulls Long

Canadian Dollar/Japanese YenFXCM

Description

FX:CADJPY

Short the Breakout, buy the Bulls Patterns

Bearish Structure Breakout & Eventual Bullish Patterns completion zones.



Safe Trades;

Comment

Butterfly=ignored
confluence between fibs=ignored
AB=CD pattern and Bullish Bat below=Waiting

expectations: divergence similar to the previous one (check this chart update)

Holding the breakoutshort...

Comment

Comment



1st target reached...

Trade closed: target reached

2nd ...
Comments
stupot274
very nice move here. Top job
gcplau
An excellent idea.... for me is not to long the D point, but the short the Cpoint or moment of publish.
gcplau
@gcplau, lovely drop CtoD and D to PT.
Telson
Great analysis, self-explanatory. Thank you @Trading_Jazz
Andre_Cardoso
@Telson, thank you very much, that's the objective :) you are very welcome.
mkdeep04
lov it..
Andre_Cardoso
@mkdeep04, ;) thanks trader
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