Waiting
Watch for GBPUSDSince we've hit the Weekly resistance and hit the TL , we have have a ascending triangle. Beter wait for further confirmation. After the strong bearish move we have formed newer HL and HH on the daily. Either trading the bearish breakout or waiting for a bullish movement to enter whenever it should cross the weekly resistance. But for now just observing...
Simple AUDJPY trade LONGVery simple idea from mine.
In the coming weeks, the AUDJPY will be facing a major support levels on 72.
I was extracting the data from long way back so we can see that the AUDJPY had been facing this level several times in the past and we should the price to react the same
70-72 is my buy zone, if we see that it cannot break this level then i will be opening my position if i see a bullish confirmation candle
This is the long trade, so i even though i put a red arrow there, i do not encourage shorting here even though you might gain 400 pips if it went to 72
Expect the price to bounce to around 88.
Patience is everything,
Good luck






















