USD/JPY, GBP/CHF and WTICO/USD on watch for me today.

USD/JPY:

• If price pushes up to and ideally just above our previous high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry 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.

GBP/CHF:

• If price impulses down below the ascending trend line to the left, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with a reduced risk entry 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.

WTICO/USD:

• If price pushes up to and ideally just above our most recent high, then regardless of how it does so I'll be waiting for a convincing impulse back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag.

• If price simply impulses down below our most recent low, it does so in a convincing manner and a subsequent tight one hour flag forms, then I'll be looking to get short with a reduced risk entry 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 either of these trades.