Confluence of Bearish Patterns

166
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.

Share your insights and trade plans for CADJPY!

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.