gold was unable to break through 1644 creating W structure within an M structure. it is follow by a kangaroo tail signaling a sell short. Waiting for a retest at 1644 to take a short.
good luck.
I see an Elliot wave structure. The pair is currently on the fourth wave. You can short term sell until 135.400 but the main daily trend is now up. At that same level (135.400) you can buy starting the 5th wave. patience is key do not chase price.
If the pair breaks above 141.400 the wave structure is no longer valid and look for buy set ups
price broke through a descending trendline structure. and retrace not once but twice proving the strength of support will be longing the pair to 1.05400
Inverse H&S waiting for a break through of the neckline at 1279 and having price resting that level one more time before continuing its completion of the inverse head and shoulder.tp @ 1996
we saw EURJPY drop from the supply zone at 126.700-126.400.and it kept dropping now its pulling back forming a bull flag. well wait at 125.300 to sell and hold for the rest of the month
