Don't trade it :) I just want to record this idea. Bullish Candle Below EMA 35 in a Down Trend RSI < 50
Im already short on NZD CAD so I dont know if I will add this position as well but the RR looks nice
watch the 50% - 61.8% fib levels
Double Top + Wedge + Resistence
Just an Idea.. wont trade it because the USD still not 100% clear
4H Candle closed below last Low, 1H Candle test and flip last resistance to support
Will wait for 1H candle to close above the Red Line than wait a retest and a Bullish candle
I choose to take the AUD JPY because GOLD is at a Higher High so probably will go down to tets the last low that should give the momentum for this AUD JPY move down and the Triple Top Price could not make a new higher high
Target as last push up before the Triangle... it's could also be double-top so need to wait for confirmation good luck
and the trend is your friend top-button triangle
Trend line of 4H was broken and a double top was formed looking for another confirmation and shorting with 1:2 RR SAXO:EURUSD
Stop lose < 61.8% Target 100% Fib extensiton