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CADJPY H16: BEST Level to BUY +190/+275 pips(SL/TP)(NEW)

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
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CADJPY H16: BEST Level to BUY +190/+275 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.


🔸 Summary and potential trade setup
::: CADJPY 16hour/candle chart review
::: reversal from DEMAND ZONE
::: which is also 127 extension on AB
::: right now expecting more downside
::: point C/PRZ later at 78.00
::: higher risk setup: SHORT IT
::: TP BEARS 78.00
::: get ready to BUY LOW later
::: reversal trade setup from C/PRZ
::: TP BULLS TP1 +190 pips TP2 +275 pips
::: this week expecting more losses though
::: BULLS focus on buying low later
::: BUY/HOLD setup with great risk:reward
::: BULLS TP is 80.00+
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: 78.00 reversal level to BUY
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 78.00 fresh demand zone
::: 80.00+ fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS

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