Price Action and Murrey Trading Strategy Lines

Here it is:

Possible trade opportunity.

We look with high interest on GPB/JPY.
If the price gets up to 142.175 (4/8p) and bounces downwards towards 3/8p
we are ready to sell targeting 140.600 (0/8p) with a risk reward ration of 1/4-1/5.



Also on EUR/USD
If the price gets up to 1.13375 (3/8p) and bounces downwards towards 2/8p
we are ready to sell targeting 1.2800 (0/8p) with a risk reward ration of 1/3-1/4.

Right away trading opportunity on AUD/USD
Once price bounces back down we are looking to open a sell order on AUD/USD
0.70900 entry targeting 0.70700 with a risk reward ration of 1:5-1:6