Short term "W" opportunity [CAD/JPY]

Hello traders,

I am sharing with you a short term trading opportunity on the CAD/JPY currency pair.

We are witnessing a “W” formation on the H1 time frame exactly at an area where the pair previously consolidated. The plan is suitable for intraday trading and scalping.

Lets’ see how much we can gain from this plan.

Areas:
Support Area: 82.00 to 81.80
Target 1: 82.40 to 82.53
Target 2: 82.78 to 82.92

I wish you a profitable week! :)
Iliyan Iliev