The general direction seems to be up in an uptrend.
Weekly, daily, and hourly trend line respected.
Daily resistance was broken and retested for a buy possible to the extension zone 127.2 <>141.4 (next daily support) which form a possible C-Leg of a bullish cypher pattern.
Line colour code:
Weekly - Red
Daily - Orange
Hourly - Blue
Bearish Shark formed on EURJPY on the 1-hour time frame.
Enter sell on the second entry @ a 1% risk. Two positions entered TP1 and TP2.
The market was in a downtrend on the daily but the trendline was broken. The sell is a possible retest of the trend line.
Three possible bearish harmonic patterns (Shark, Cypher, and Gartley) on USDJPY.
Small Cypher formed and was entered for TP1.
Waiting for larger Gartley or Shark to from before entering for the sell.
Possible formation of bearish shark pattern on AUDUSD 8-hour time frame. The green square is a possible entry zone. The orange S/L lines are previous reversal points on the 4H and 8H time frames within the entry zone. The furthest S/L line was chosen as the entry point to have the best possible risk to reward...