Potential 2618 trade on the CAD/JPY 1hr chart

18
We are currently waiting on a pullback to the 0.618 fib retracement after we had the double top, which would give us a valid 2618 trade.

Stops are at 80.10

Target 1 is at 78.84

Target 2 is at 78.40
Note
Don't forget to adjust your 0.618 fib accordingly.

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.