good fortuneOriginally Posted by ;
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Hello traders!)
Daily Chart has interesting situation.
Bars 22/12 and 26/12 made Inside Bar Pattern (http://www.learntotradethemarket.com..."inside","bar")
Now chart is analyzing this pattern zone and made 4H Doji
Prospective trade situation with save egy is to wait on 1H chart for retrace. Then wait for a new HH and input in HL
I'm trying put my quits using ATR tool
And my target is at least 50% retracement of the past down-move
Potential trade on the 3rd image
will see whether will happen
Best wishes
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EURJPY already made the 1th and 2th tide and now's probably finishing the 3th one. We have the chance to buy the retraction awaiting the wave.
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The EURJPY goes back up to the 135.16 level and it could try to see its newest high around the 136.64 level.