Target coincides with 1.618 extension levels from prior pivot highs, bottom line of bear trading range and measured move break from upper trading range.
Risk/Reward = 1:3
Risk/Reward = 1:3
Note
Just realized i titled it 'USDCAD' instead of 'GBPJPY'. My bad :D
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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.