CADJPY in correction, look for new lows soon
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One of the most beautiful charts out there. A Cypher pattern that waits for its completion at the final point - D. That point also coincides with 161.8% Fibonacci extension. The bias is currently short so my first advise is to sell rallies.
Two trade ideas:
1) Short at the re-test of previous support, now resistance at 0.8390, SL 0.8430, TP 0.8200.
2) Long at 0.8200, SL 0.8120, TP 0.8400
Two trade ideas:
1) Short at the re-test of previous support, now resistance at 0.8390, SL 0.8430, TP 0.8200.
2) Long at 0.8200, SL 0.8120, TP 0.8400
交易結束：達到停損點
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