USD/JPY and NZD/USD on watch for me today.

121
USD/JPY:

• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price impulses back up above our lower trend line and a tight flag follows then I'll be looking to get long on the break of the flag.

• If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place this trade.

NZD/USD:

• I will not be trading this pair until we know for certain who has won the 2020 US Presidential Election, but if once we do price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for an impulse back down below our upper trend line and a flag and then I'll be looking to get short on the break of the flag.

• If price doesn't reach our upper rayline then I'll simply be looking for a convincing impulse back down below our upper trend line and a flag where I'll once again be looking to get short on the break of the flag.

• If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.

• If there's any ambiguity then I will not place any of these trades.

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