USDCAD - Head & shoulders complete on both day and 4 hour. 4 hour also shows a complete double top. Both patters aligned and continued down trend is likely. Waiting for sell stop entry at 1.34843. Round about 70 pips bearish move before TP1.
GBPJPY - Head & Shoulders pattern complete waiting for breach of neckline level, retracement and exhaustion from buyers before sell stop order. Bearish movement pending.
Potential for long trade in the coming days when the right shoulder forms. If neckine breached and retested, pips to be made. On the R1 level, D of AB = CD pattern formed will be formed then a sell position pending.
