Recent news declares need for improvement for the JPY currency and the pattern is being respected. If it holds a nice short opportunity with a nice RR ratio. Granted nothing ever pans out the way you manifest the idea, roll your stops....
looks like you can get some safe cash here. reasonable stop with nice r/r ration. pattern might be sloppy but its the point right!!? lol
Previous chart was too tiny cause people could not adjust size apparently..
Some minor confluence on fibs @.764 from previous high and .618 on potential d leg completion. Hopefully I knocked out this Bear Bat correctly... its my first bat.
The USD/CAD pair have been in a roller coaster for a while now and hopefully its not at an end. Anyway here is a quick short term trade I would consider if nothing crazy happens. I would not stay in this trade very long as there is some news that is upcoming and may knock this pair off its roller coaster