This pair reached its EW complex corrective waves. Possible to make a reversal move. Monitor the reversal at LTF. If reversal structure spot, then I want to take short. Probably next week.
If the resistance level is not break, believe an ABC correction will appear to form wave 4 in bullish channel. Must witness the reversal pattern prior to taking long/short position.
Trend : Bull Small Trend: Sideway EW : wave 3 in progress Trade Idea: Possible to swing sell to wave 4 but need to look the reversal first.
Entry long according to my analysis. Trend : Bull Smaller Trend : Retracement in progress. Wave: Possible wave C reached. Not showing in this TF. Channel : Price near channel support line.
Moving to Wave 3. Hit resistance (SnR and channel) Possible to have correction. Wait at Wave 4
Main trend : Uptrend Small trend : Possible retracement Trade idea : Looking for reversal next week prior to taking swing short trade. Protect capital when price against me when I take short trade.
EURJPY moves in complex corrective waves. Trade Plan : Buy SL : Nearby or if close below 157
GbpJpy is in area of value. Trend : Bull. Above Kumo H4 Pattern : Triangle Plan : Entry when BO
Trend: Bearish Currently in retracement. Idea: Looking for sell setup in LTF
Weekly trend: Bull Idea: Looking for long entry in area of value. Use smaller TF for setup.
Trend : Bear Small Trend : Retracement Pattern : Triangle Trade : Look for reversal pattern in setup zone
Trend: Bull Small trend : Retracement Idea: Looking for reversal
Wave 4 is where we can collect some of it share. Target is Wave 5