CADJPY possible bearish Butterfly Pattern
SL little above 1.414 Fibo.
TP1 at the resistance line that after the breakout will then become support.
TP2 is 38,2 Fibo of AD confirmed by a previous structure.
TP3 is 61,8 Fibo of AD confirmed by some previous strucutres.
Now it's just waiting for the market to break the resistance line and then - after reaching 127,2 Fibo - looking for a confirmation of a bearish move.
TP1 at the resistance line that after the breakout will then become support.
TP2 is 38,2 Fibo of AD confirmed by a previous structure.
TP3 is 61,8 Fibo of AD confirmed by some previous strucutres.
Now it's just waiting for the market to break the resistance line and then - after reaching 127,2 Fibo - looking for a confirmation of a bearish move.