Pipsfordays
AUDJPY LONGI like this set up for multiple reasons.
My confluences are :
Bearish structure has been broken
62% on Monthly fib
70% on weekly fib
Red box = Mitigation zone on smaller time frame.
Discounted price for a buy
Accumulation
Above price currently there are more areas of liquidity and imbalance to feel which grows my confidence in believing this to be a high probable trade set up.
This is a trade i have been holding now since 9th October and intend on holding this taking partials along the way.
Really like this set up so so lets see what happens!
For my educational ideas and market outlooks please click the link in my bio and get free access.
GBPUSDKill zone activated my trade order, With fundamentals playing a strong factor in the bullish momentum right now i have been waiting for a pullback between the 62%-88% zone in order to place a buy.
Looking at trailing my stop loss with this trade as i do with every trade.
Be sure to check out my free educational telegram channel, link in my bio
500+ Pips US30 SwingPrice recently just hit the monthly low and now its expected to rise back up to it previous highs of the begin of the month! Don't miss out on these pips, watch your lot size, set your TP/SL and be safe out there kid. lol.
200+ Pips GBPAUD SwingI see lots of minor previous supports and predict price action to continue in its uptrend with slight drawdowns (pullbacks) next week.
