Trading With Linorth
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#GBPAUD - Could be a head and shoulders pattern. but there is big news event on GBP today so be careful if you want to trade it.
#GBPAUD - 1H - Triangle pattern
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some small orders I had on #BTCUSD helped my pip amount goal for the week! 😅
but still, I managed to get half way to my monthly goal for February.
I was waiting for one more investor to join the MAM before taking the new basket of positions, but since they still have problem with KYC process at fxchoice, Im going to start taking positions anyways and let them join another month.

so Im going to play with #GBPAUD, #EURUSD, #EURAUD and #USDJPY for next week.

I expect USD to get weaker with more news on the US-China negotiations on a peace-treaty for tradewar.
but since things might get a bit volatile, Im going to just share price levels and direction (like the #GBPUSD chart) and let you guys manage your own trades with an eye on the levels of my algorithm as a help.

have a nice weekend everyone.
#GBPAUD - Daily

this is how I expect the pair to move.
either the smaller triangle breaks out to the downside and we see a quicker fall, or it will break out to the top and hit the red box and fall down from there to create the fourth wave of the bigger triangle.

the second red area is the supply area if we suddenly get some positive news about brexit that pushes the chart up.