wait for the dragon to setup

pound yen is gaining bull momentum . if this momentum can hold and we get some sideways movement, then we can look to buy the breakout of this sideways movement. price may be ready by london or tokyo
know your targets if looking to buy becuase we are not far from getting a big bear impulse.
the fib circles give you a time based support/resistance that price may bounce off in later trading sessions.

wait for a good r/r

Kommentera:

price broke out in tokyo.
lets see when we get our sell setup after. possibly london or new york

Kommentera:

like clockwork.
price dropped after hitting red box and fib circle resistance
make money going up, make some more coming down :)