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Confluence of Bearish Patterns
Canadian Dollar / Japanese Yen
Short
Confluence of Bearish Patterns
By RaynLim
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Jan 21
3
Jan 21
CADJPY is displaying a confluence of bearish patterns:
1. Weekly Bearish Shark Pattern:
- Retest in progress.
2. Daily Type2 Bearish Gartley Pattern:
- Completion aligns with the Bearish Shark on the weekly.
The trader plans to wait for a confirming candle on the daily chart near the level of 110.37.
Share your insights and trade plans for CADJPY!
askforex100
Bearish Gartley
Bearish Shark
CADJPY
combotrade
countertrend
Gartley
Harmonic Patterns
Shark
sharkpatterns
type2
RaynLim
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