USDCAD breakout and fakeout setups

Just saw this on the USDCAD charts this morning, and I realised there were 2 very possible plays based on the way I like to trade range breakouts and fakeouts.
Picture perfect setups!
Usually for breakouts, I’d wait for a decent 1-2-3 after the break, doesn’t always happen.
For fake outs, I’d like to see a clear entry where the fakeout is confirmed, with a doji or a break below the consolidation area before the fake break, doesn’t always happen either.

For the USDCAD chart however, both events happened in the same night and both had beautifully clear entry and stoploss levels!
Explainations on the charts.
A little sore that I wasn’t focused on watching the charts last night and missed these beautiful setups.
In some ways, trading really does require you to commit time to it like a full-time job.
But then again, we can’t catch all the pips. =)

EURJPY and EURUSD trades taken 12 Aug

Took the EURJPY after seeing it make such a dramatic climb up towards the 136.00 level again.
If 136.00 breaks, there would be very strong momentum upwards.
I saw price holding and consolidating just above the 1hr 20ema, so I took a position with a tight stop and a target a little more than 2:1 risk/reward away.
Took half profit after a while, and the rest eventually hit my final target
That gives me an average of  +62 pips for this trade..or an actual 1.83 risk/reward ratio realised.

The EURUSD trade was taken from the daily charts.
Price found support at 1.4100, formed an Inside bar signalling consolidation.
This is followed by a fake break to the downside, again this indicates buying pressure.
So I set a stop above the high of the Inside bar with a stop under the failed breakdown’s low.
This trade is still open, I’m looking for a longer term trade, targetting 1.4400 area.
Roughly a 2:1 risk/reward.