Hello Guys, If you take a look at EURJPY 0.06%you will see that a nice possible flag is under formation. If it will continue in the same way then we may have a Mid term Buy Setup on breakout of the pattern and short term sell setup within the pattern! So its good to keep eye on this pair.
Trade according to your own strategy.
Good Luck
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Kommentare
adilnaqvi000786
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Schocked you are looking on this pair for the upside testing the D tf correctively and all indications supports major down movement
WaveExpert
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That's right! But Its purely based on structural movement. if condition remains the same then we will see upward move just like the previous one & that will be my trade. If break the bottom trendline then I no longer be interested in targeting down as that will not be satisfying for me. @adilnaqvi000786,
adilnaqvi000786
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@WaveExpert, Great i am also looking for the price action on lower trendline nice idea
ImNinjaTurtle
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Its broken down now what?
WaveExpert
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Now let the market do what it wants to do! @ImNinjaTurtle,