USDJPY has formed a double bottom. If resistance is broken, there is a chance that price may carry significant bullish momentum toward ascending target line.
I like a long here off of this bullish reversal candle near support. SL under candle with target at top of channel. Gap remains unfilled as well as a missed daily pivot above price.
CADJPY has retraced its gains from yesterday. The bearish impulse was strong yesterday and I want to sell through the Asian and London sessions if lows are broken.
USDJPY is in a short term downtrend. I want to TP at the given target line. Trade active at Sell stop with invalidation above recent highs as shown on chart.
Trendline confluence has provided a nice backboard behind which to place a SL. I am short this pair toward missed pivot cluster below. Trade is active.
Triangle may be complete on this pair. I want to sell below pinbar support to confirm downside. Invalidation level is above top of pin. Target at .886.
Starting to see some significant resistance off of the recent hourly trendline. I want a short if lows are broken and the trade is invalid above highs as shown.
Cable has closed the weekend gap and retraced back to .786 of the intraday range. I want a sell stop below support toward 1.13 target. Invalid if highs are breached.
The weekend gap closed quickly after opening higher during Asian session trading. I like a short below support. Trade is invalidated above intraday highs.
I'm looking to catch an impulse down to the break even level. I plan on holding as long as price action confirms downside and targetting missed pivots below. Rally above Friday's high will invalidate the setup and I will cancel the sell stop order.
Hey all, check this one out in about 15 minutes. Waiting on the news to drop in order to enter short. Targets at rising wedge target level and missed pivot cluster.
This type of sideways choppiness is great for trading harmonic patterns. I like to trade these patterns before Labor Day. Large risk to reward if it is successful. Support from two trendlines as well as dual pattern confluence. Looking for smaller TF elliott impulse to set it off. Cheers
The trading of UJ continues as we look to ride that continuation wave back toward the top of the channel. This is only valid if the lows are not taken out and new local highs are made.
I like the way this pair is creating a double bottom on multiple time frames. Especially since there is a huge amount of channel resistance on the higher timeframe to contain ...
