We have a head and shoulders neckline retest at the previous weekly support, which is also in confluence with the ABCD fib pattern
EURJPY short, created a LH inside the descending channel, .886 pattern creating
Eurusd short idea, after break and retest of monthly support
NFP drove UJ back up, however, i believe this will act as a double top at this level. The previous top being the LH created after the major break prior
This is my short bias position on UJ. LH formed at structure with a double top in the consolidation zone and a tap of 61.8
We are currently overall bearish, but have recently broken the current bearish momentum, and are seeing a continuation patter, (bull flag, and ABC patter)
USDJPY has just made its second LH on the daily, rejecting the weekly zone. We opened up with a retest of that zone and ended up with a nice reversal off of it. My personal TP is around 113.255