The main direction is still looking for North. But now it maybe not a good chance to open trade. Need to wait until break out patterns shown or the price retract to a better position levels such as 50% retraction.
Main direction will still assume to be North. Long trade will be the most resent goal. But it still has possibility turn to South. Now it would not be a good time to open trade. We need to wait until clear candel patterns shown and break out movement to approve the main direction.
The stoch is in over bought level and turned.
The short term up trend line has been crossed and the price has no much moving at this moment.
it is pending too long without moving further North.
The price would retract to South in short term.
So, maybe take profit for the opened long trades and wait entry again after price completed the retraction.
USDCAD is inside a short term down trend channel. It has tried to break through an important support level to South and now performed a little bit retraction. Predict it will still follow the down trend. Short in multiple retraction levels.
GBPJPY would retract a little bit to perform a Flag pattern, then continue the original trend direction to North until touching the long term down trend channel top line area.
Maybe enter long trade near the Flag pattern bottom line, or after price break through the Flag pattern.
The middle term resistance level has been touched and break through at this moment. the middle term down trend line has been break through. A long term down trend resistance line ahead. The CADJPY would continue going North. Looking for big North movement in long term.