Just a little weekend fun but this chart reminds me of my little lad because that's not really in the long department but it get's the job done! Just like this GBPAUD setup i think we should see a nice bearish move down next week.
We have good confluence to the left of us along with this bullish trend which i anticipate we will break. My suggestion and advice is not to sell on the break as 90% of the time you will find that price will pull back as a 'correction' before the real move happens so be patient, don't risk your capital due to FOMO ( Fear of Missing out ) there will always be another trade.
Have a good weekend all!
We have good confluence to the left of us along with this bullish trend which i anticipate we will break. My suggestion and advice is not to sell on the break as 90% of the time you will find that price will pull back as a 'correction' before the real move happens so be patient, don't risk your capital due to FOMO ( Fear of Missing out ) there will always be another trade.
Have a good weekend all!