KevinSinghDhaliwal
Short

CADJPY Pattern(s) within the structure

FX:CADJPY   Canadian Dollar/Japanese Yen
Hello everyone, we have two patterns completing within the structure. The targets are highlighted on the chart. Sl would be price being on top of the resistance and confirming the breakout.

Good Luck
Cad is very strong, I expect a pull back to re-enter long...my view.
+1 Reply
Eventually a long position might be added (after)
Reply
Here's what I see.
1st PRZ should work.

snapshot


I'd short in 2 bars...or under a 4h low, or if it hits the 2nd target at 92.122, using 1 ATR sl.
+1 Reply
IvanLabrie PRO IvanLabrie
(I went short, looks pretty good here, sl is wide enough to be safe)
+1 Reply
Sounds good, lets see
Reply
Excellent!
+1 Reply
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