2018Oct30 CADJPY H1 Possible Bearish Bat

CADJPY has been on a downtrend and is near completion of a bearish bat. Upon confirmation of the bearish bias, I will go short. Stop loss is just above the X point. The take profit target is set at the 61.8 Fibonacci retracement level of the AD leg. Tentative details are as follows:

Trade Setup: Possible Bearish Bat
Price Entry 86.144
SL 86.361 | SL pips 21.7
TP2 85.343 | TP2 pips 80.1
RRR2 3.69