GBPJPY, sell

Reason to trade: Failed try to make new high (3rd day in a row), double top, bearish pinbar on resistance

Stop Loss: Setup will be active until daily candle will close above the high of signal candle (152.914)

Take Profit: Possible take profit area is last lows (~147.82). If support (green line) will break price may go additional 500+ pips to fill double top pattern

GBPJPY, Daily

 

CADJPY, sell

Reason to trade: Bearish pinbar on resistance + channel border

Stop Loss: Setup will be active until daily candle will close above the high of signal candle (89.302)

Take Profit: Possible take profit areas are last demand zones (~86.856 + ~85.811) or around low border of channel

CADJPY, Daily

 

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