Look for the correction in the 4h chart. In order for the EUR/JPY to go down in the 1d chart it needs to go up in the 4h chart.Take measures because it will eventually go downhill after the double bottom.Watch out for the EUR news this week.
Enter 16698. Short position place the SL-16983. Watch out for the FOMC MINUTES
After breaking its double top, it seems to becorrecting it self and reaching for the previous support be careful to place the stop loss a little bit above the double top.
So as it is hitting the resistance again the short position is the safest bet.However depending in the FOMC meeting minutes tomorrow be careful to exit the bet before news comes out.
While waiting for the FOMC minutes tomorrow the GBP/USD seems to be correcting it self. Be careful however to place the stop loss at the first psychological key level
Based on the strong going downside trend there is a resistance to catch after the strong support. The longposition is limited but still profitable.Place the stop loss just a little bit higher than the support so the risk is of losing money is limited.
This Bullish run has gone for the last 2 months straight - which is a very important factor going into next month. Building off one of my most recent ideas, If you've noticed the historical pattern of Dow Jones Since 2022 there has never been a period of more than 2 months straight of price rising, after the close of the second monthly candle - the sell off...
AUDUSD SHORT 15M Entry, stop loss & take profit are shown on the chart accordingly.
Probability: 74% Forecast: 139.44 Channel Down has broken through the resistance line at 7/13 16:00. Possible bullish price movement forecast for the next 6 hours towards 139.44
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EURUSD 15M SELL Entry, stop loss & take profit are shown on the chart accordingly.
USDCAD 15M Sell Entry, stop loss & take profit are shown on the chart accordingly.