Roker1

Short with harmonics on CADJPY

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
Hi guys,

not so much on my charts these days (at least for my eyes), but i've been able to find this nice setup on the hourly chart. It's a bearish bat formation that's going to complete in a strong structure level (both daily and 4H) and i'm going to get in as soon as the price will touch the D completion point because of the higher trend and because it's a nice spot to expect a reversal.

If you have any question/idea, comment below.
Otherwise, see you in the next chart!
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw

Comments

The JPY retail data should be coming out soon, dont you think that it will cause a massive change? or are you basing this on technical analysis and not fundamental?
+1 Reply
Roker1 MontyTTS
@MontyTTS, this analysis was made long ago, it's not valid anymore
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