moneymaking

CADJPY: Potential bat pattern on 1 hr

Short
FX:CADJPY   Dollar canadien / Yen japonais
Potential bat pattern is close to being completed on 1 hr chart. D point completion is not exactly at resistance level, but it's close to it. We have perfect 88.6 and 161.8 ratio confluence at D point completion. Stop loss placed about 12 pips above the next resistance level. RSI is also approaching the overbought level.

Note: This is NOT an exactly structure based trade, but it's around that level.

To see the next resistance level, follow the link below:

Trade safe and good luck to all !!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.