USDJPY FALLING WEDGE ON H4Bulls are pushing USDJPY higher after it reached a key support level, also price formed a falling wedge pattern and i am waiting for a breakout followed by a pullback for a buy.
0.5retracement
EURGBP SHORT TRADE IDEAS ON H1Shorting EURGBP after it broke a big support with bottom of the channel and 0.5 daily fibo as potential profit taking areas
EURUSD Long Great opportunity here to long Euro
-Bull trend
-Really strong level of support here at the 0.5 fib retracement
-This area is also a previous support level on a number occasions if you look left
-Stops just below the 0.618 retracement
-Two tweezer tops/spinning tops here where price action is now
-This usually means consolidation for a move and I think potential to the upside
-For this to fall to the downside we would also have to break major weekly resistance of 1.1000
-ABCD structure possible in play here to.
Have a great week!!!!!
