CADJPY 60min Bullish TCT + Bat Pattern
CADJPY broke and closed above a big Resistance Level on Friday. It's also forming a Bearish Bat Pattern on the 4hr chart which completes @ 86.00 Level
I'm looking for it to come back down to "old resistance" now Support and looking for a buying opportunity off that Level.
Stops - 1 ATR below last swing low (Yellow Box)
Target #1 - Previous Highs
Target #2 - 1.27% Fib Ext
Extended Targets - Bat Entry & Structure
I'm looking for it to come back down to "old resistance" now Support and looking for a buying opportunity off that Level.
Stops - 1 ATR below last swing low (Yellow Box)
Target #1 - Previous Highs
Target #2 - 1.27% Fib Ext
Extended Targets - Bat Entry & Structure
Trade closed manually:
Had a Break & Close below my kill zone overnight.. I took the "graceful exit" for Break-even later in my trading day.