EUR/JPY DAILY
As price, distance, and time meet
Update: 700 pip move after hitting at the stage with 5 degrees of confluence, the energy stageOriginally Posted by ;
Expo33, I am impressed with the call, but I am also somewhat lost on how you decided 5 points of confluence. I understand both fib and also the converging beariish trend lines, but that yellowish fan of trendlines, I can only see you decided where to draw 2 of them. . .the others simply look like puzzle lines, with no rhyme or reason. Could you elaborate on your system please?
Yeah! 20 pips bagged. I found it incapable at 121 so challenging, and decided to open small short.
There's possibility for additional downside, but you must be advised of possible 121 retest. If 121 holds. . .well you understand what.
Looking for minor pull back before London.