Short on GBPJPY Lovely re-test of trendline to confirm our short position. Ideal entry would be on a smaller timeframe at a pull back to the current down trendline or fib level Have patience.
As the DXY has found support and is on its way back up to the upside, USDJPY is expected bounce from the current up trend line to retest the current over all down trend line as seen on higher time frames.
EURUSD re-tested previous support(turned resistance) to make a move further to the downside.
Expected bounce from support and a push towards the upside as the DXY is gaining back some strength after retesting previous resistance (now turned support)
Reversal signal spotted for short trade on AUDUSD
DXY on its way back to the upside after finding support and GBP is in a nice sell off.
Anticipated is a downward move to create a lower high as part of current uptrend. Wait for proper sell signal before entry.
Expected continual of movement to the upside for mid long-term trade.
Anticipated to be and corrective structure move on 4hr chart. Ideal setup would be a break of current support and/or re-test of support turned resistance, then entry strategy for SHORT to next major level.