CADJPY: Bearish Shark Anticipating PPO Confirmation

20 set 2023

CADJPY has formed a Bearish Shark Pattern that I think will eventually be realized and once it is realized, I think it will target the previous major Support/Resistance Level down at 91.60 JPY. For now, the entry remains unconfirmed until the PPO crosses back below the upper extremes, but despite that, I'm entering here in risky anticipation of it doing so from here.