OANDA:CADJPY   Canadian Dollar / Japanese Yen
Price created lower lows and lower highs. Price retraced between the 0.618 and 0.786 zone and is currently consolidating at a falling trend line. Wait for break out to the down side, to go short. SL few pips over recent high. Add a alarm to the falling trend line in case of a retracement and break in the long direction to be able to manage your trade. TP is the recent low. Add on M30 pullbacks to Ema 20 or Ema 50 in combination of break outs in our direction. Adjust your SL if you are adding positions!
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