$USDJPY has a good supply area on the daily at $121.13, and I expect it to go down when it reaches that area again. I've identified my profit zone and stop zone, in case prices reaches that area again. This level hasn't been tested in six years, so I would use a tight stop loss. Not financial advice.
There is a good supply zone for $EURJPY at $130.2 on the 3-hour chart, and I believe it will fall once it reaches that area. I have my stops and profit zones set to make sure I have good risk management, and high-profit potential.
$EURUSD is at a strong demand zone on the daily. The $EURUSD closed with a wick below indicating that it bounce in the coming days. If you look at the one hour or 30 minute, you can see $EURUSD bouncing from that zone.
It seems to me that a double bottom is starting to form on $SPY however, I do think that if it reaches the neckline, it will get rejected. I'm quite bearish on $SPY and I don't believe $SPY will continue to push higher these next couple of months. This double bottom should be interesting and I will wait for what $SPY will do.
$JBLU has been stuck in a range for about 156 candles or 225 days, and usually, when a stock stays in a range like this for a long time, it will break very hard and aggressive to the upside or downside. Be on the lookout whenever $JBLU breaks out, right now it looks like it might break to the upside, but it can also break to the downside, be cautious when watching...
