JasonSong
Short

CADJPY .786 retracement for short

FX:CADJPY   Canadian Dollar / Japanese Yen
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4
31 2
Fib Combo: . 786 retracement

88.38 is a strong resistance, although we've missed the best position for short, we can still track and follow this trend.

SO, good luck!
Cheers!
Jason
Thanks for your analysis!
Here is my view on CAD/JPY if you are interested:

Based on Market Profile (volumes) and Price Action there is very strong swing support at 84.261. The market is in a strong uptrend and this is the closest strong support in the way up. If the market makes a trend correction I will go long from there.
In this support zone there are cummulated heavy volumes of big players who drove the price higher - you can see that in the Cummulative volume profile shown on the right sideof the chart.
There are more Market profile swing and intraday analysis at my profile page. You are very welcome there.
Dale
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Very nice trade setup, thank you for sharing your idea. i have similar view on this pair as well.
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