DislikedBoth are setting up short. If you look at the pics, you will see both the 4H and daily channels are trending down. Also trading at or near supply or prior demand. (EURAUD much strong supply then USDJPY) We now wait for a close outside either the 4H or daily channel. (4h in both of these cases) That is our signal to prep for a trade. (EURAUD just closed outside the 4H channel.) Once price then closes back into the channel, we place the trade in the direction of trend. Our SL and TP will be based on supply and demand/major pivot areas. Check...Ignored