This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
- Last month we had Bearish pin at Monthly resistance.
- Price reversed frm there and made it's correction with 61.8 rejection
- CTR Was broken and we sold AUDJPY
- AUDNZD Breakout on Descending TL.
- Making HH,HL on lower timeframes.
- Waiting for CTR to be broken to enter Long.
- I do believe we can hit 1.06400
- Weekly candle tells the story for the next week and I do believe we can see more upside.
- We have estabilished upward channel and if we get that 3rd bounce we can enter Long.
- Price found resistance at the previous high forming double top.
- Trendline Break and retest
- 3rd bounce on descending TL + Divergence
Target is at 88.350 This is short term trade but if we have confirmed double top we can see more decline from here.
- Strong bearish weekly candle.
- We could possibly see correction to the upside from here to around 142.500.
- Will wait for TL bounce and CTR Brakeout and then will enter short.
GBPJPY is about to make it's final impulse move to the upside!
We have TL Support with 4H Divergence and 61.8 fib. Plus we broke CTR.
Trade What you see not what you think!