CAD/JPY - beautiful setup with huge RRR

I think, that CAD/JPY finished it´s downtrend corrective cycle. We had two strong legs to the downside, with triangle in the middle, we hit target precisely and we bounced from support nicely. We should see the 3rd, the strongest wave very soon. I have opened LONG recently.

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Wow, I don´t really understand, how can such a corrective move to the downside break low, that started with impulse move... stop loss hit.