Second attempt at catching the top of channelWe made a nice double top right here still looking for bounce from red line. This is a reminder to myself to be patient and not open trade the moment price touch line but wait to see if it respects line.
Trendbounce
New trend bounce on SPY? Looks like SPY is heading for a nice confluence of support at this range. Possible trend bounce as well as a bounce off the 200sma
USDJPY buy 15m trend followOverall the pair is trending up with Daily MA8 above Daily MA21 which gives us trend confirmation. We also have MA200 on 15m chart rejection , combined with short term trend line. Enter with 1:1 RR , but keep in mind for potential new highs.
