GBPJPY has been respecting an upward trend for quite a long time. Now it has reached a major resistance and formed head and shoulders, which confirms the fall has to come. This is the setup of the previous video on GBPJPY.
Setup of the last video on NZDUSD. A big bullish candle has been formed, it might not trigger the order and continue to follow the trend :(
Bearish trend upcoming on the daily timeframe in CADJPY. Perfect head and shoulders formed at major resistance level.
GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.
A detailed technical analysis of NZDUSD (didn't use advanced technical tools). NZUSD is currently near a major resistance line, forming a double top near it, a double confirmation for its fall. But if it breaks the resistance, it may become a major support line. On the daily timeframe, NZDUSD gave a nice pullback, confirming its fall.
USDCAD is forming a double top on the monthly timeframe. Currently in an uptrend on the daily timeframe. It may respect the uptrend channel. You can place a stop order for a swing trade at 2:1 RR. On the Gann, it is on the verge of breaking the 1/1 line to continue further in uptrend.
On the daily chart, we can see a perfect head and shoulders. We can see a bearish trend on intraday charts for 2-3 days. The price will touch the 200 MA, near the closest support line.