CAD JPY DOUBLE TOPS & PENNANT BREAKOUT PROVIDE A QUICK 1.18% RATE OF RETURN



This recent trade provided a 1.18% Rate of Return in just over 16 Hours, as I traded the Strong Double Tops and Pennant Breakout Patterns down to the major Support of 81.90 on its 4 Hour Chart.





Main Technical Factors of this trade - 

1. The Candles that form both Peaks of the Double Tops must be strong.

2. The Neckline of the Double Tops must be broken convincingly to start or continue the Downtrend.

3. The Neckline was broken with a  Breakout from a Pennant Consolidation.

4. Entry took place using the Bearish Engulfing Candlestick Formation that started the Breakout from the Pennant.

 5. Stop Loss was placed above the Downtrend Line of the 1 Hour Chart.



VIDEO HIGHLIGHT OF THE CAD JPY TRADE SETUP AND RESULT  





1 HOUR & 4 HOUR CHART TRADE FORECAST






4 HOUR CHART TRADE RESULT




Once you know the Main Technical Factors that control the behaviour of the Forex Market each week, you'll be able to accurately predict market direction and take advantage of profitable setups for Strong Trading Gains!

Subscribe today and these will be the types of Accurate Forecasts and Trading Gains you will enjoy starting next week!

Start Today! 







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Your Mentor

Duane Shepherd






(M.Sc. Economics, B.Sc. Management and Economics)
Currency Analyst/Trader
shepherdduane@gmail.com /(876)-393 3355

Facebook: DRFXTRADING
Website: www.swingtradingmentoring.com
Instagram: @DRFXTRADINGBOSS
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There are many well-intentioned Forex Courses and Mentors globally. However, most fall short of the mark in terms of what you really need to take advantage of the Forex because of the limited Testing and Research that went into creating their Systems.

This is why they only work in the Short-Term. 

To correct this, you need to have a totally new approach from the ground level with theories that have been extensively tested for 10 years, during both Normal and Abnormal market conditions.

This is what you will finally get as a DRFX Subscriber.

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