akhostov

Bullish Bat Pattern on CAD/JPY

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
0
There is a Bullish Bat Pattern that is currently now at the 0.886 XA retracement completion @ 94.434

Although we do have completion and a 2.0 BC extension confluence, the PRZ extends well towards X. I have highlighted the PRZ with the purple rectangle and extended it back to the beginning of 2013. If you look to the left, you will find various support and resistance levels that can be the turning point.

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