AUDJPY making a new HL ? Then new HH?

3 thg 5, 2023

I have already written on the chart. As you can see its in an uptrend and it made its previous HH and is retracing to forma new HL. there is lot of volume at the 78.6% level on the fib and it addition to that there is a supply zone if you use that kind of trading method. That counts as 3 solid confirmation but be advise this is just my thought process when trading and i am still a learning trader. i am not looking to short but waiting for my chance to buy. i will be waiting to see price action. thank you