FxCanli
Long

CADJPY / H1 / Cypher Pattern

FX:CADJPY   Canadian Dollar / Japanese Yen
CADJPY / H1 / Technical Chart

Few days ago, Butterfly pattern triggered and it was reached to target

after that it made new impulse

bow we are inside of the correction

correction will end at the cypher pattern or at the support line

wish you many pips

Good luck
Comment:

it reached to First target

close half and move stop to breakeven
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Thanks FxCanli
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Great to enter at that levels while in correction and catching at trendline support.... Also, I can see that its trading inside a Megaphone Structure on Hourly charts. We can aim for upside channel target which also coincides with 127% extension of previous upswing on Hourly. It comes around 83.521. Any thoughts? Why we can't go for a third trade and hold until 83.521....
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sanfxscalper sanfxscalper
@sanfxscalper,
Trendline support broken, think we should exit from the trade with minimal loss
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Thanks FxCanli
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thanks sensei
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Morning Boss, thanks for the share.
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