naveenatrading
Long

CADJPY BULLISH BAT PATTERN - 4HR

FX:CADJPY   Canadian Dollar/Japanese Yen
A typical bat, developing on the 4hr chart.

Due to enter at the 1.618 retracement!.

Limit has been placed near the C point close.

The PRZ is shown at the XAD 1.272 and BCD 1.618 level (in the blue rectangle. Stop has been placed just under the X point.
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