Canadian Dollar / Japanese Yen
Long
Updated

121 Symmetry

88
Hey awesome traders 🔥 Hope the trading week is flowing well.

This is a clean Bullish 121 Symmetry setup on CADJPY.
After a sharp XA impulse, price printed a deep AB correction, then rallied to C — forming a perfect CD symmetry leg into the PRZ zone (D = 105.593).

🧠 Key Pattern Logic:

AB ≈ CD 121 Symmetry

PRZ between 78.6% & 100% projection

Strong rejection at D, supported by the SMA 200

🎯 Target Zones:

TP1 → 106.75 (38.2% retracement of CD)

TP2 → 107.46 (61.8% Fibonacci, full reversal extension)

Optional final stretch: 107.96 (78.6%)

Clean reaction from structure. Now we let the market validate continuation.

Stay disciplined, trade structure, not emotion.
— C. Dela | #TradeChartPatternsLikeThePros
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