CADJPY @ Major Structure Level

FX:CADJPY   Canadian Dollar / Japanese Yen
49 2 3
So, we have a BAT Pattern , A Median Line Element, Key Structure, A Direct 1.272, all in the same zone.
Should wait for a structure flow change on the long side in a lower time frame(>=M30) to get an optimized entry with a smaller stop level.
Outcome: -181 Points Net: +103 Points
A very nice study. Until price hits your lower MLH, I'm bearish about this market.
+1 Reply
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