AUDJPY has created a reverse H&S pattern on the daily time frame with higher high for the neckline - which is ideal for a bullish reversal pattern. The neckline was tested recently and price got rejected to the upside. Notice how price also retraced to the 61.8 % fibo based on the last impulse. Buy on break of channel and retest of nearest support level on lower...
GBPJPY has been on a crazy run that doesn't seem to stop soon. The pair moved 700 pips and now is in what appears to be a bull flag. Look for opportunity where price breaks the upper channel for confirmation. It is crazy to think that GJ will continue to go up, but with the institutions betting on BOE rate rise by end of this year and BOJ has been hesitating to...
Price is at a great place to short. Looking for it to hit the lower trend line.
Price is approaching the resistance created by a downward channel that was recently broken to the downside and a structure. There are two scenarios in my opinion: price will go down from here or the next structure above. Look for a rejection to the downside. Target is the nearest swing low. Tell me what you think.