Aussi yen looks pretty bearish after the breakout of the daily trendline. its making a correction now before it carries on its bearish move
GBPUSD has broken out of the daily trend line. now its looking to go back up and hit one of the fib retracement levels. most likely it'll show some sign of reversal at the 0.38 fib level or 0.5. entry -1.25555 SL -1.26310 TP - 1.23761 risking 75 pips for 170!
this is not a set up. its simply the back testing of my strategy on this pair. have a look and review it yourself :) hope u enjoy!
Here i have gu. prices seem to be respecting that line on daily timeframe. i am looking for a possible long if i see that line is still being respected. if we see a break of that line i could possibly look for a short entry. i really want you guys to comment what you think and help me out on what i should do and dont. thanks!!