Possible swing short targeting at least 3:1 risking 1.5%
We are facing a reversal in the trend, 4hr chart impulse bull bar.
3 touch pattern at daily support. Made an impulse to the long and is now forming a bull flag with some low tests.
USDJPY just passed a monthly resistance, monthly high, impulse bear candle, forming bear flag.
Ending of a long bullish pattern in all JPY pairs. Targeting the bottom of the structure.
Ending of a long bullish pattern. Targeting the bottom of the structure.
Last hours correctively went up. Growing trend ending. Begging to short impulsively. Probable movement in London-NY session.
In order to succeed you need to adapt to the market. I placed a buy stop and sell stop in a specific trigger. In the end, it played for a long and thankfully I considered both possibilities without prematurely shorting.
USDCHF Broke the channel and return to test it from the outside, possibly short.
EU Short might wait for the 3rd touch
Sell 80 pips
USDJPY Long, channel / bullish flag
Descending Channel Closing in Monthly Low, Possible Lon
