Following USDJPY posted before this, expecting this strat to play out on gold until 1PM - 3PM.
May trade the reversal not looking to jump in on this now.
Looking for longs on USDJPY going into NY session, DXY chart looks the same and is forming a Right Shoulder atm.
Will be watching this pair closely along with DXY between 11AM - 1PM GMT on the lower timeframes for an entry should this come through.
Looks to be forming a quick patterns for an easy 50 pips will see how it plays out. Looking for a closure below the blue line; around or in the pink box.
Potential short on USDCAD with a H&S pattern forming on the 15m timeframe. We can also see we have a slight trend line downtrending on higher timeframes.
ENTRY:1.30920
TP1:1.30793
TP2:1.30677
SL:1.30963
Would wait for bearish confirmation before entrance.
![EURAUD: EURAUD [SHORT] 50 pip H&S](https://s3.tradingview.com/q/QMpQgSe9_mid.png "EURAUD [SHORT] 50 pip H&S")
