Classic Inverse H&S break for CADJPY.
Monetary Divergence in play with BOC turning hawkish and BOJ standing pat as extremely dovish.
Price action suggest a staggering 1300pip upside of this pair.
Long : 88.6
SL : 87.3
TP 1 : 93.2 ( 38.2% expansion )
TP 2 : Open
Monetary Divergence in play with BOC turning hawkish and BOJ standing pat as extremely dovish.
Price action suggest a staggering 1300pip upside of this pair.
Long : 88.6
SL : 87.3
TP 1 : 93.2 ( 38.2% expansion )
TP 2 : Open
Note
Trade closed at 88.8
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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.