CAD JPY CONSOLIDATION BREAKOUT TO SUPPORT

By shepherdduane
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.
breakoutsCADJPYChart PatternsconsolidationParallel ChannelshortsupportSupport and ResistancetradingTrend Analysis
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