it conflicts my other idea from an intermarket analysis perspective but the RSI is coming overbought and it is in a weekly rising rising channel and rejecting the H4 resistance
USDJPY broke our rising channel trend line with a double top and has touched the upper trend line of the daily rising channel and way too overbought on the RSI so selling opportunity but it could range
potential short on USDCAD since it has reached resistance and could break the lower trendline because the resistance is strong and has rejected multiple times and if that happens ready your shorts
potential long on the AUDUSD since it has clearly touched the support zone and is around the lower trendline of the of the daily channel and RSI is looking good but before entry wait for an engulfing candle and trail stop since when price reaches 0.76640 it could respect the resistance zone or break it and in the event it breaks scale in long is possible but trail...
Potential long opportunity on the EURUSD but couple of things to be careful of (1) it has not yet touched or "bounced" off of the lower trendline of the weekly upwards channel and (2) it has not yet broken out of the support zone to the upside but if these two things or at least one of them becomes true then it's going long but if both should fail then prepare for shorts
