StewySongs

GBP/JPY, GBP/USD, USD/CAD and AUD/JPY on watch for me today.

OANDA:AUDJPY   Australian Dollar / Japanese Yen
GBP/JPY:

• If price pushes back below our upper trend line and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

GBP/USD:

• If price gives us a tight one hour flag where it currently is, or it pushes down a little further and a tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

USD/CAD:

• If price gives us a tight one hour flag where it currently is, or it pushes up a little further and a tight one hour flag forms, then I'll be looking to get long with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

AUD/JPY:

• If price gives us a tight one hour flag where it currently is, or it pushes down a little further and a tight one hour flag forms, then I'll be looking to get short with a reduced risk entry on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

Comments

Thanks
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Nice view 👍🔥
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