I usually use RSI (I find the RSI divergencies to be very useful signals) and Bollinger Bands, which is a good way to figure out trend and possible support and resistance levels.
Obviously there can always be a breakout, but I pay special attention to those support and resistance levels, especially when combined without various candle formations.
Last Monday I opened a long position at 112.85 because I was thinking that it was going to bounce off of the lower trendline. Well it did but then I put my SL too tight at 112.0 so I was stopped out. One thing I learned from this trade is to wait for price to bounce instead of going in while it’s still going down. Then I remembered something I learned from crypto trading before that going in while price is going down is like catching a falling knife. 
it’s good to place your sl a little below the previous support or a little above the previous resistance, stop losses can be tricky
Thanks @justshell. Yeah, I’m still having problems with placing the appropriate stop loss. I’ll keep your advice in mind for my next trade. 
I planned to enter again (on the candle where there’s a blue arrow pointing upwards) after I was stopped out. I thought that I’d enter after price has bounced off of the lower trendline. This is where I was able to use 3 Ducks. Using 3 Ducks I saw that for H4, H1, and M5, the ducks were lined up for a short. I didn’t take the trade but at least I didn’t make another mistake of going long because I was thinking that price would bounce.
I’m going to observe USDJPY further in the coming week together with EURUSD. Hopefully I get a good trade. 
As I’ve mentioned I’ll be observing and looking for trades for USDJPY and EURUSD. I was able to enter trades for both this week using 3 Ducks. Also, I checked the D1 charts for both to see if they are good trades to enter.
USDJPY
EURUSD
For USDJPY, I think I had problems on the psychological side after being burned when I entered while price was going down. This time I felt like I entered too late. I went long at 112.8 and set my TP at 113.2. I feel like I should have entered around 112.578-112.6.
H4
H1
M5
This was what I was seeing then as the next resistance for USDJPY that’s why I set my TP at 113.2.
Now I’m observing again and will be waiting for a new entry for USDJPY.
I didn’t enter any trade last week because of the US elections. But I continued to monitor EURUSD and USDJPY. Hopefully I get good trades this coming week.
Also looking at USDJPY which I should have shorted using 3 Ducks.
H4
H1
M5
Should have shorted when it went below the area I’ve plotted. 
I’m waiting for it to reverse and bounce off the lower trendline of the ascending channel.
D1
Closed my EURAUD position with +39.7 pips. This is the problem when I have an open position, I stare at the M5 chart and don’t sleep. Then I get nervous with every small movement. 
I remember doing that a lot when I first opened my account
“What if it reverses 5 minutes after I turn off the computer? I should stay up a bit longer just incase something happens”
then BAM, it’s 3am and the next day is spent in low sleep zombie mode
Exactly!
Me the whole time…
lolz, just remember to blink
