EUR and JPY plans Sep 5

EUR

Monthly sideways, weekly up to sideways

Daily up to sideways, stuck in range

4H sideways in range

Scenarios:

  • Wait for range break
  • 4H may be forming another H&S

USDJPY

Monthly sideways, weekly sideways

Daily slightly up to sideways, stuck in range

4H may be forming double top

Scenario:

  • Trading anticipatory 4H break out with daily uptrend