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
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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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.
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.