Hey guys, this is Terry. Right now we have a nice bullish setup on GBPAUD targeting 1.8. This is easily a 200 pips profit potential setup with a 1:1 R:R. Check out my video so that I can share my thoughts with you on why this is a great bullish setup.
Video explains it but the Trendline Slash has occured RSI shows price not likely to break back through now looking for a ranged Shoulder to form within Demand & Supply.
Incomplete H&S Formation on the 1HR - looking for a strong down-move, potentially a weekly 1300 - 2000 pip trade.
Hey guys, if you have anything to say please leave a comment. This way I know if you guys are enjoying my videos or not. Thanks!
Currency Pair: AUD.JPY Time Frame: Daily, 4hr & 1hr Predicted Direction: Short Live AUD.JPY updates will be available in the comments section below
In this video we may see a bearish flag pattern and two options on how to trade it. The corrective structurehas reached the sliding parallel of a median line set which has previously acted as resistance. Feel free to like, comment and share your thoughts. Trade with care, John