Descending channel, corrective nature rejection from trend line would trigger the trade or break of pattern for a less risky trade. We will likely move up too HTF structure this giving us a longterm short position.
EURJPY This pair is looking bullish. So if it manages to break the small trend line i have drawn near current price this could be a good place to enter.
We can see price has retraced and bounced of 0.382. It is also strong support here.
If there is a 8EMA21SMA Crossover showing upside.
If price breaks small trend line.
More analysis on this pair...
USDCAD. There is a bearish bat pattern. Wait for price to get to D and here you could sell. You would be trading with the trend of course which is a good thing.
If price reaches D point.
If 8EMA21SMA crossover for bearish indication.
If there is good risk to reward
More analysis on this pair soon Follow for more!
GBPJPY Retested broken trend line.
200EMA Acting as dynamic resistance
0.382 On fib acting as resistance?
Maybe enter if there is candle stick pattern.
If there is bearish 8EMA21SMA crossover.
If there is nice big bearish candlestick formation.
There is a lot of bearish volume.
Or on my other trade you can see a nice support zone on this pair. If it...