BREAK OUT AND RETEST

CADJPY IS IN AN HORIZONTAL CHANNEL LOOKING AT THE 4HR CANDLESTICK CHART.THIS PROVIDES US WITH AN OPPORTUNITY TO WAIT AND SEE THE PRICE MOVEMENT DIRECTION AND WAIT FOR THE SNIPER ENTRY.PATIENCE IS KEY BUT PROFITS ARE MAXIMUM, JUST WAIT FOR THE PRICE TO BREAK AWAY FROM THE CHANNEL AND COME BACK TO RETEST BEFORE OPENING A POSITION .