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GBPJPY Rising wedge Formation
GBPJPY
, 1D
Short
GBPJPY: GBPJPY Rising wedge Formation

As clearly seen price is moving nicely within a daily channel, price found support around the 137.330 level which was previous acting as resistance, and since price has been in an inner Rising wedge pattern approaching a resistance point at 142.300 psychological value, bullish momentum has been depleting as price approaches this level, price is currently in a...

EURUSD Rising wedge (SELLS)
EURUSD
, 240
Short
EURUSD: EURUSD Rising wedge (SELLS)

The EURUSD can be seen to have broken out of a descending trend line and is currently make higher highs and higher lows while still forming a rising wedge pattern visible on the 1hr, price is currently at a resistance zone and it exhibiting indecision signs, (doji) I'll be looking for a 4hrs bearish engulfing candle to complete and head and shoulders formation on...

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