good fortuneOriginally Posted by ;
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
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.
The EURJPY goes back up to the 135.16 level and it could try to see its newest high around the 136.64 level.