Possible Bullish Bat Pattern on H4:
Long Entry: 1.4328
Stop Loss: 1.427
Reason: Daily time frame Ranging structure; Bullish bat pattern with confluence of previous demand zone.
Currently price broke demand zone around 1.4480 area and I suspect it will test next demand zone.
Gold currently H4 is ranging between 1310 and 1370 and right above the middle demand zone. Since lower high were made, I am more on downward bias. I will short if 1328 got broken and retested or short around 1362 with stop of 1367.5 and TP at 1335.
Currently USDJPY is on wave 4 correction stage. I suspect selling pressure still remain. Possible short around 101.7 with tight stop loss of 20 pips. Price could test 102.30 area resistance then turn around.