I have been waiting for a while for AUDNZD to drop for over a week now and its been consolidating around the 1.10195 area. Theres an 80 pip SL on this but i'm predicting a 330 Pip move down to the gap at 1.06430 www.tradingview.com
GBPUSD is bullish long term, however at the start of the week it has made a retracement down. I feel that its pulled back to the daily FVG of last week to collect liquidity and will now move back up. Target for me is 28.218 www.tradingview.com
AUDJPY has been on an unstoppable bull run throughout June and Friday 16th daily candle closed with a bearish rejection of the monthly resistance of 97.615 I am anticipating a retest of the High (possibly in Mondays London Open) and a rejection, followed by a bearish move up to 190 pips to the daily Fair Value Gap (FVG). My Target is 95.821
GBPJPY is in a strong uptrend and has retraced from its 182.0 High. I think the retracement will complete around the weekly key level at 180.628. If this level is rejected with a bullish engulfing candle on the 1HR TF I will be looking for a long trade back up to the 182.0 high www.tradingview.com
USDJPY has been on a sharp Bullish run over the last two weeks moving over 650 pips to the upside. It has broken the highs that were last experienced almost 20 years ago in 2003. It now needs to retrace. The below graph shows the current daily chart. I am looking for a BOS (Break of Structure) below the lowest lows of the last two weeks, then a retest of the BOS...
Trade Idea: - Watch for break of ascending correction - Enter with stops above the higher - Target the double bottom region 1.029 (527pips)