Looking to take the Euro short this week, with textbook market structure aswell as confluences combined with the DXY (U.S. dollar) which looks to be forming support to take it thus further breaking resistance at 94.5 to a weekly upside of 95.5
Looking to go short following liquidity strikes to the upside--as typical per GBP.
USOIL, WTI Pennant Formation 4H 14:22:11 (UTC) Mon Sep 28, 2020
50% profit taken, stoploss at breakeven. Perfect technical play here given linked below last week.
As price tests 1.28--just below the psych-institional level of 1.3 (which was rejected) my bearish is neural until either a rejection or breakthrough of the support zone at 1.2800 (black hallow box)
Inverse head and shoulder with various levels are regions of downside-support via wicked/showed liquidity zones. Mean while the bond market all over the world has deteriorated in terms of yield.
USD/JPY Monthly Zone of Support (¥104)
Long entry with -2% risk from total account equity.