Keep SHORT EURJPY (134.90) as market dipped below double bottom

FX:EURJPY   Euro / Japanese Yen
57 12 6
Details are on the chart
Looks like we see it in a very similar way :)
aibek HiTech
Hello, HiTech! Looks like that! Thanks for sharing!
we are here to share :) my pleasure... lets see how that goes
aibek HiTech
Hope to see the target at 123
Didn't see the flag there :).... I calculated target with two fibs taken from breakouts as well as channels middles crossing and came up with the target at 124.4
aibek HiTech
It's funny that most of people have 2 eyes but they see different things ;-))
At least you see same dip area.
My target is 80% of flagpole subtracted from flag's break down point which is invisible to you ;-)
haha true, everyone see what is limited to their way of trading, more we learn, more we see. Its good to see with others people eyes, makes you open more yours
aibek HiTech
Yep, as you have said above, we are here to share and even joke.
Earlier when I traded only euryen it was good correlation between S&P500 and the pair.
Nowadays all is upside down, S&P500 is sky high when euryen is seeking for the bottom.
Keep your hand on Dollar index
Once it is above 121 then I don't rule out the euro will be deeply below parity.
You prefer intraday, I quit it, just use it for strategy check/update/exit
Have a good Sunday, HiTech!
I have traded correlations before, but they seem to change quite fast...
Thanks for all the sharing, talk soon and good sunday to you too
look at euraud similar patter on 4h
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