CADJPY has form a Perfect Bat pattern. I will watch smaller timeframes for a breakout to the top, if it breaks to the top i will wait for a correction. If price breaks the bottom line trade will be invalid
Note
I did not trade it at all, since i had already a lot of JPY pairs in my portfolioNote
However if you trade it, you should have got a BE trade, or you will be still in positionNote
Trade worked out as expected
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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.