just an idea and a chance to short the usdjpy
we will need a retest to the pattern before looking for an entry
AFTER COMPLETING A BEARISH FLAG WE WILL NEED A GOOD CONFIRMATION TO ENGAGE
we do not have any confirmation yet so we will wait for one
usdjpy at a major daily resistance area so in any move we need a good confirmation
after breaking an uprising channel gbpusd price action will likely to make a bearish flag before continue to the downside
an update from a previous idea now we wait for a retracement before we can engage.
update from previous idea usdcad broke down exactly where anticipated so we can engage after a retest
usdjpy continue bearish movement leading to 2 scenarios a double bottom and continue up with the trend or head and shoulders and break the bullish trend.
I have been watching this move since it broke the triangle what its looks like a pattern in its early stage.what you think?
Gbpusd continue to make HH inside a channel a good pullback will give us another chance to go long .
eurusd made a Triangle after all and continue to move up breaking a strong level next move will likely to be a retest to that level and continue up
after making what is look like a Double-Bottom price likely to go up but if it fails to break and the price is rejected we will have a Bearish-Rectangle any way we can not make any decision until the price break one of the levels
after an advance pattern usdjpy price tend to pullback to trend continuation setup at previous price structure