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shepherdduane

CAD JPY CONSOLIDATION BREAKOUT TO SUPPORT

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
shepherdduane  
FX:CADJPY   Canadian Dollar / Japanese Yen
Trend Analysis Chart Patterns trading CADJPY consolidation breakouts Parallel Channel short Support and Resistance support
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trendanalysis chartpattern trading cadjpy consolidation breakouts parallelchannel short supportandresistance support
This video shows the short position that I am now in on the CAD JPY, as I trade the bearish movement now taking place. It is part of the larger 4 Hour Consolidation Setup being formed.

Entry took place on the 1 Hour Chart with the break of the Consolidation Channel that is expected to take us to the Support of the Consolidation Channel on the 4 Hour Chart.
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