CADJPY - Bullish Shark

Before I talk about the Bullish Shark, I like to talk about the Bearish Shark Pattern(check out the related ideas posted within TradingView). That trade's target one has been attained{90.44} a total of 192pips captured, and its first target provides a 2.74 reward: risk ratio.

The market has to break and close below 89.81 will significantly increase the odds of the 2nd target being hit.

I will be shifting target2 further to 88.80, giving a 4:1 ratio to its risk profit.

If you have not engaged in the trade, do not chase the market.

I will then reverse the trade by counter-trend trading it as I engage the Bullish Shark setup.