My trades and Forex Market Analysis blog

EURAUD Analysis On EURAUD, I am going long. This could be a risky trade but everything about forex is risky too. So, nothing to be afraid of. I see a double top on daily that is broken (break of structure) and I am also seeing another double buttom that is forming; I am believing that it is a sign that euraud is preparing to push higher for like 150pips to the upside. So, I takimg a stand on a buy to the 1.64801 level. If you check careful, you we would also see a gap between 1.64098 and  1.63885, this is also a confirmation and a reason a favour a long idea. 

CADJPY On CADJPY, I am going long and my target is 114.732 (1st tp) and 116.568 (2nd tp). There is a breakout from the daily double top and what comes next was a retracement down to the 113.442 level which later formed a double buttom. The moment I saw this set up, It was one of the best set up that I love trading in forex with a legit 80% win rate, I took it without wasting time. Although, I was a bit late in going long because i didn't see it earlier. But the bullish candle gave me the go ahead, then I jumped in. Let's see how it goes in the coming days and week whether it would hit my stop loss or my take profit, time would tell.