Get started
JonasBuusJ

CADJPY GARTLEY FORMED, BUY AFTER BREAKOUT

Long
Canadian Dollar / Japanese Yen (FX:CADJPY)  
JonasBuusJ  
FX:CADJPY   Canadian Dollar / Japanese Yen
Chart Patterns Harmonic Patterns
4
0
chartpattern harmonicpatterns
CADJPY has formed a XABCD pattern at a previous resistance zone, so we will expect the price to bounce from this zone and come back up.

Wait for the price to break the trendline before taking a trade, as shown on the 1H chart.

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.