Ascending wedge, rejection candle to push to the upside at market close, double top, overbought on the RSI. many confluences.
will have to see where market opens to follow through with this idea,
OFC G pairs have dominated latley
AUDCAD short to bull trendline, reassess trade at candle close to see if we can alter SL to breakeven and continue to TP2 or take profits and open a long position following bullish price action, all depends where the market opens
I COULD BE COMPLETLEY WRONG!! AND THIS CONTINUE ITS BULLISH MOVE.
HOWEVER I HAVE IDENTIFIED A LEVEL OF INTEREST AND BELIEVE WE COULD FIND A NICE ENTRY FOR EITHER A BULL OR BEAR MOVE.
USDJPY Short. Broke major support level. Heading same way to around march lows after retest over the next few days.
What backs this theory up is a biden win thus weakening dollar.
