Canadian Dollar / Japanese Yen
Updated

CADJPY 4H analysis

83
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
Note
Trade in profit!! , Will be looking to move the stops soon to a risk-free trade.
Note
Trade 50 percent in profit - stops to breakeven!
Note
Trade in 75% profit , almost stopped. Stops now in profit
Note
TP hit! Beautiful trade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.