GBPjpy Trade idea

Trade Idea. looking at GBP/JPY breaking out of overall trend and headed upward. see already only daily 1234 wave already going to possibly making that 5th wave up from support were at now.
*red circles are daily over bought and over sold on stochastic rsi and regular stochastic.

~looking at 4h also the same as daily being over sold. (wait for cross over and enter just before entering over the line *20*.)
~now looking for candle formation (reversal pattern)
~also cross trend line
~break/ retest
~ get in on the buy with set risk management.

possible sell also at this support level coming for next week gbp news may 1 and may 2.

~can keep falling and following the down trend
~breaking 3/4 75% of bearish pennant flag ( continuation to the down side)
~old support could possibly become new resistance
~next high after breaking support, would look at the trend line for my entry with set stop loss to the last high.
*always proper risk management!

overall thought/ feeling:
i am seeing the trend recently and have been following daily stochastic,
looks from recent high to low there is a fib hitting off 61% as still seeing trend to the down side,
will see how support level holds up in the next day into next week.