TradingView
Roker1
Jun 12, 2018 7:56 AM

Short with harmonics on CADJPY Short

Canadian Dollar/Japanese YenFXCM

Description

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!
Comments
MontyTTS
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?
Roker1
@MontyTTS, this analysis was made long ago, it's not valid anymore
More