hello everyone, as we can see that eurjpy opened 60 pips higher this week and has been on a downtrend since it opened. Expect the price to go back to the 139 level another 50 pips up for grabs Best of Luck
4hr frame - price has failed to make new high and is carving through the first of three demand areas - the lowest is the most likely target at 136.84 - however price still has traffic in the way of existing demand before it gets there
kate25
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ok so right side of chart - we are making pivot highs - until we get to the top and we have a pivot high fail
kate25
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left side of chart - historical value - but understanding price action is paramount to winning trades - 8 hrs
kate25
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daily - ok now we have the lay of the chart - lets see how this boils down to lower tf
kate25
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weekly
kate25
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Huh lets see what happeded here Akash - monthly
kate25
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I think you are correct akash - I think even lower - nice chart
AkashGaur
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Thank you kate, lets see. Just going to follow usdchf and eurjpy for the week