USDJPY keeps moving towards 115.00 level. Above it next level is 116.00. Level 115.00 has a chance to turn tables around in favor of the bears.
I am waiting for the pull back to 0.7250 area, where I am going to look for long position.
Sold NZDCAD. Entry signal on small time frame. May be too early, because I believe price will consolidate here and there will be more opportunities to sell.
Flag is forming above Daily triangle. Positive trend should continue.
This is my trading plan for EURGBP if I get sell signal with the nice risk:reward ratio.
CADJPY by my point of view remains bullish, despite recent drop. Level 84.26 is a place where I am going to look for long position. Below that level price should start going down. Target to the up side is 86.56. Some worries comes from USDJPY (see picture below). I expect USDJPY to reach 115.00 level, but price keeps dropping down.
This pair remains bullish, at the moment price is trying to lift up from the trend line. Break of that line should push price down to 0.9855. Above target would be 1.0100
Market has higher lows and lower highs. Whatever my projections are - market knows better what is going to happen next. So at this moment I will wait for the price to go to any current line and in that point I will be watching for price action.