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USDJPY 1d reversal, retesting S/R area - Price reacted to the resistance area between 114.00 - 114.50,
where it formed a head & shoulders pattern.
- It stayed within a range between 113.00 and 114.50.
- Recently, price broke below 113.00. It is currently retesting the area.
- Also, in 4h chart, it is showing a nice pullback to the EMA.
- Sell the continuation.
WTI 1d reversal, MA crossunder, retesting S/R area - After struggling above the 52.00 handle, price retested 49.50 S/R area,
which was ultimately broken, strong momentum.
- Price stopped at 49.00, currently retracing and retesting the 49.50 area.
- MA crossunder has already take place.
- Sell retest.