THE 50 EMA IS SUPPORT. BUT LOOK FOR MORE REJECTIONS
Lets see if this is a head and shoulders after the candle stick completes.
lets see if this breaks out the Flag pattern. wait for more confluence as the 38 fib lines perfect.
it looks good lets wait for a break out. fib top to bottom 51 lines perfect.
Looking at the charts here we need more confluence to enter the trade. I have drew a few i will be putting my alerts on the key area.
Inverse head and shoulders this could be a great trade.
we could see the 50 EMA dropping bearish. we could wait for rejection on resistance. Also No Us news on Monday.
As looking at the daily time frame i will wait for more rejections to go bullish short.
Great trade on Friday looks like GBP/JPY WILL PUSH UP.
PIN BAR REJECTION ON H4 SUPPORT AND HORIZONTAL LINE ENTER NEXT CANDLE STICK ON H1 BEARISH ENGULFING
Great trade if it starts rejecting i could pull out of the trade break even my stop loss was not the best but it worked.
I HAVE STARTED TO SEE A HEAD AND SHOULDERS PN H4 ENTRY WAS A SHOOTING STAR ON resistance H4