My biase on CADJPY

CADJPY Analysis
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. 

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