2018Oct30 CADJPY H1 Possible Bearish Bat
CADJPY has been on a downtrend and is near completion of a bearish bat. Upon confirmation of the bearish bias, I will go short. Stop loss is just above the X point. The take profit target is set at the 61.8 Fibonacci retracement level of the AD leg. Tentative details are as follows:
Trade Setup: Possible Bearish Bat
Price Entry 86.144
SL 86.361 | SL pips 21.7
TP2 85.343 | TP2 pips 80.1
RRR2 3.69
Trade Setup: Possible Bearish Bat
Price Entry 86.144
SL 86.361 | SL pips 21.7
TP2 85.343 | TP2 pips 80.1
RRR2 3.69
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.