gbpjpy long, looking for continuation of pattern to retest trendline around 145, entry based off touch of weekly trendline, waiting for further downside before entry
looking to pullback to 1.1280-1.1300 to complete bearish W – respecting the descending trend line and rejecting the 78.6 fibo level
short based off touch of descending trend line, also break and re-test of ascending trend line, W pattern completed for short leg next, touch of 61.8% fib retrace from recent down leg
eur cad short fib rejection and descending trendline and completion of pattern
fib rejection, broken trend line re tested and descending trendline touched