Current TF trend : Bullish Looking for retracement to recent base to find entry setup.
Buy at your own risk. Please consider SL if trend changed to bearish again
Base on daily structure, it is possible for this pair to make a downtrend. However, I need to further checking at the LTF to see the detail structure.
This pair reached its EW complex corrective waves. Possible to make a reversal move. Monitor the reversal at LTF. If reversal structure spot, then I want to take short. Probably next week.
If the resistance level is not break, believe an ABC correction will appear to form wave 4 in bullish channel. Must witness the reversal pattern prior to taking long/short position.
Trend : Bull Small Trend: Sideway EW : wave 3 in progress Trade Idea: Possible to swing sell to wave 4 but need to look the reversal first.
Entry long according to my analysis. Trend : Bull Smaller Trend : Retracement in progress. Wave: Possible wave C reached. Not showing in this TF. Channel : Price near channel support line.
Moving to Wave 3. Hit resistance (SnR and channel) Possible to have correction. Wait at Wave 4
Main trend : Uptrend Small trend : Possible retracement Trade idea : Looking for reversal next week prior to taking swing short trade. Protect capital when price against me when I take short trade.
EURJPY moves in complex corrective waves. Trade Plan : Buy SL : Nearby or if close below 157
GbpJpy is in area of value. Trend : Bull. Above Kumo H4 Pattern : Triangle Plan : Entry when BO
Trend: Bearish Currently in retracement. Idea: Looking for sell setup in LTF
Weekly trend: Bull Idea: Looking for long entry in area of value. Use smaller TF for setup.
Trend : Bear Small Trend : Retracement Pattern : Triangle Trade : Look for reversal pattern in setup zone
Trend: Bull Small trend : Retracement Idea: Looking for reversal
Wave 4 is where we can collect some of it share. Target is Wave 5