- Sell Signal - 3 River Evening Doji Star (very bearish signal - possible market top)
- Enter short position. Place stop above 1.0594.
- Before entering short position, examine longer term cycle.
USDJPY
- Sell Signal - Engulfing Bearish Line Confirmation
- Conservative traders may now enter short position. Aggressive traders main Short. Main Stop above 105.44.
- Before entering short position, examine longer term cycle.
EURUSD
- Buy Signal - Breakout - (Double) Engulfing Bullish Line
- It may be wise to enter long position if next candle has a higher high
- Aggressive Traders: It might be wise to enter long position. Place stop below 1.5449
GBPUSD
- Buy Signal - Bullish Harami Line Continuation
- Maintain long position. Maintain stop below 1.94014
- Neutral body reversal : This pattern is signaling an end to the previous strong bearish trend. Look at weekly and other long term charts for signals indicating a major bottom.