CADJPY

A breakout did not happen on top of the parallel channel and price moved back fast. Expecting a touch back on 76.400 - 76.500 area and after the touch, IF the next 4HR candle closes inside the channel, nice opporunity to go short.
RRR is 1 to 6 - 6.5
Good luck
Beyond Technical AnalysisParallel Channel

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