Spotted a double top on the 1h chart of NZDJPY with a pullback to the neckline. I went short on the evening star that touched the neck.
Spotted a double top on the 1h chart of EURUSD. We just broke the neckline and I went short.
OANDA:CADJPY CADJPY has been very bullish. If we get another break above the triangle I will be entering long. T1 will complete the triangle break up and T2 for the pennet break up. Approximates Entries, Targets and Stops. Enter above: 92.46 T1: 92.82 T2: 93.18 SL: 92
Price has retraced to the bottom of the channel. I am now waiting for a bullish candle to form for AUDJPY on the 1H chart. Approximates Entries, Targets and Stops. Enter above: 85.5 or 85.66 T1: 86.07 T2: 86.49 SL: 85.25
I am again looking at 2 possible entries here. If AUDJPY continues following the top of the channel and breaks above the high I will enter. I will also be watching for AUDJPY to retrace to the bottom of the channel for an entry as well. Approximates Entries, Targets and Stops. Enter above: 85.94 T1: 86.38 T2: 86.83 SL: 85.48
OANDA:AUDJPY I am look at 2 possible entries here. If AUDJPY breaks above the high I will enter for T1 of ~11 pips and T2 of ~23 pips. I will also be watching for AUDJPY to retrace to the bottom of the channel for an entry as well. Approximates Entries, Targets and Stops. Enter above: 85.55 T1: 85.67 T2: 85.78 SL: 85.4
Looks like a possible Elliot Correction Wave (ABC) setup. Enter with bearish confirmation at B. TP is C. SL above 5.