Every other currency pair with JPY has been running except AUDJPY. It seems to have formed a bull flag but also shows a falling wedge with sell zones that have been touched and now it has been sitting in a demand zone with indication of an accumulation of orders.
Entering Buy stop above this short term accumulation with stop right below for a long term entry...
The S&P just popped out of a consolidation zone that lasted about a week.
In using Fib retracement it bounced back from its recent low up to a 61.8% retracement to the ATH before pulling back. If drawing another retracement from the recent low point of the bigger move this pullback only reached a 61.8% retracement. Given that the bigger move is between 38.2%...
IBM has been on a run due to new of them providing Metaverse Intrastructure.
This pullback just looks like a big profit taking break so the inside Day from Friday could be a sign of reversal. Looking to enter on the breakout and shoot for 3:1 reward but if it pauses at the top I will move stop loss up to 2:1.
Blink recently had heavy buying out of it's down channel. It was on it's way up until the FED meeting. It could be sold back out or on a pullback. Waiting to see if it will continue. Might put test shares in if it comes down to the most recent shelf and hold.