Carlos_LL

BULLISH BAT PATTERN ON CADJPY 1H

Long
FX:CADJPY   Canadian Dollar / Japanese Yen
A Bat pattern is coming to a finish on CADJPY 1h. First target @ .382 retracement of AD leg. However, previous structure lows could provide better entry a bit below the .886 XA retracement @ 82.356 to 82.206. Price action around those levels will signal a better entry perhaps. RSI is heading into oversold territory supporting a LONG entry.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.