GBPJPY is in a tertiary trend that has failed. For Plan A, since the daily chart has a bearish bias, then I'll be looking for shorts after a retracement to the 3rd touch of the (descending Trendline) DTL. The 4HR however needs to be bearish along with the daily chart to a short. Plan B would be a buy if the price breaks the DTL and retests it. The 4HR must become...
EURJPY is in a tertiary trend that has failed. The outlook for the coming week is still bullish given that the daily chart bias remains bullish. In Plan A, I will be taking a buy if the price drops down to the ascending trendline (ATL) and I see a price consolidation. Plan B (dotted arrow) is also a buy if the price breaks the last bearish 4HR swing point (LSP)...
