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marketdiverfx
May 12, 2018 12:28 AM

eurjpy daily Long

EUR/JPYOANDA

Description

This daily setup goes along with the eurjpy weekly I just published. I don't expect it to work out at all, it's just pretty to look at.

Comment

Important: I wouldn't trade this based on analysis alone, I have to wait until I feel the market's direction before entering. It's like waiting to see buyers or sellers come in with a lot of power.

Comment

This could easily drop just as easily as it could go up. I have no bias, just a plan if things appear to be going in my direction. It's complicated because there are no clear decisions. There is only patience and waiting to see where price moves with intent or power behind it.
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