CADJPY: Classic Trend-Following Setup 🇨🇦🇯🇵

Short

Canadian Dollar / Japanese Yen (OANDA:CADJPY)

OANDA:CADJPY Canadian Dollar / Japanese Yen

Trend Lines Parallel Channel Flag swing swingtrading swingtrade swingtrader swingsetup CADJPY CAD yen japaneseyen

trendline parallelchannel flagpattern swing swingtrading swingtrade swingtrader swingsetup cadjpy cad yen japaneseyen

snapshot

CADJPY broke and closed below a support line of a bearish flag pattern.
Taking into consideration, that the pair is trading in a bearish trend,
that violation may trigger a sell off.

I expect a bearish continuation to 97.05 / 96.1

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