RaynLim

Confluence of Bearish Patterns

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FX:CADJPY   加元 / 日圓
CADJPY is displaying a confluence of bearish patterns:

1. Weekly Bearish Shark Pattern:

- Retest in progress.

2. Daily Type2 Bearish Gartley Pattern:

- Completion aligns with the Bearish Shark on the weekly.

The trader plans to wait for a confirming candle on the daily chart near the level of 110.37.

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