CADJPY Analysis
This shark pattern has a very good risk to reward, about 4.5 & 8.5 respectively, PRZ is about 18 pips.
In addition, the thick black dotted line is based on daily trend, might be a strong support line.
I will follow up if pattern completes.
This shark pattern has a very good risk to reward, about 4.5 & 8.5 respectively, PRZ is about 18 pips.
In addition, the thick black dotted line is based on daily trend, might be a strong support line.
I will follow up if pattern completes.
Note
Price has just hit the PRZ, wait for the next point to hit.
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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.