sunnyk92

CADJPY 4H analysis

sunnyk92 Updated   
FX:CADJPY   Canadian Dollar / Japanese Yen
Price experienced an inevitable correction from its recent extended bullish run. Price is in an overall liquidation state, if price breaks lower high we should see price hit the tops as directed.

If within the liquidation channel, we experience a break and continuation pattern on the 4H support, we can expext price to push down as directed (this sell is of higher risk) .

trade safe

Sunny
Comment:
Trade in profit!! , Will be looking to move the stops soon to a risk-free trade.
Comment:
Trade 50 percent in profit - stops to breakeven!
Comment:
Trade in 75% profit , almost stopped. Stops now in profit
Comment:
TP hit! Beautiful trade

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