This week i'm looking for buy setups. These two are the first candidates. We've moved beyond the area of congestion. Now to wait for the move down towards support R1 weekly, and another up move should follow if it can break weekly R2 and monthly R1 resistance(!)
Wait first to see if the market confirms this setup and it bounces off trend support R1 weekly.
Good trading this week all!
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AUDJPY
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AUDJPY, update channel lines correction
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CADJPY, retest and up around the blue line
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get ready with those buy orders
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Forget it, it's a sell off
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I'll be keeping an eye out later this week, for now no buying just yet
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Week is looking different now, AUDJPY possible short after 5 wave correction
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EURJPY also has a possible short entry after it breaks it's trend support
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NZDJPY Short, see the major fib levels. If it breaks this long term trend support. Expect another drop
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GBPJPY may have run out of steam here
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Same for EURJPY
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USDJPY up move won't last too long
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I have this order lined up, short on AUDJPY on break of the trend line
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CADJPY short
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I'm long on this one. I'm confused just like the market or I just dont understand it. Anyway, the market is doing this for now. Buying