Looking at this chart on the daily time frame you can see it has had the 3rd touch and price has already moved 50pips. I still expect price to go even lower here and will be entering a live sell when markets open. Entry 1.52650 SL 1.53000 (35pips) TP1 1.50650 (200pips)
A pair i will be keeping an eye on this week. As you can see from the daily time frame this pair is in a bearish trend, I will be watching to see if price will break through the previous support and then act as resistance which will hopefully coincide with the 3rd touch of the trend line. Updates to follow.
USD/JPY Short As you know i like to keep it simple. Broke and retest now we short :)
EUR/USD Sell This will be for 4th touch on the bullish trend line so I am expecting a break, I will then be entering a sell position on the reset. Updates to follow.
AUD/CAD SELL 3rd touch on the bearish trend line which also coincides with the daily support/ resistance level (in this case resistance). I am entering a sell position and hoping for price to reach the 0.88992 area
EUR/JPY Price moving up to the trend line which will be the 3rd touch, also coincides with a previous key level so I will be going short once price hits highlighted area.
Keeping it simple here. Broke through the resistance on the 4th touch, I will be looking for the price to retest the highlighted area before looking to go long.