In my EURJPY analysis for this week, I considered two scenarios
1. (Green) After breaking the specified range (obtained from Fibonacci) and pulling back to it, we can enter a LONG position
2. (blue) If we see a sign of decline on the desired range, we enter the SHORT position
1. (Green) After breaking the specified range (obtained from Fibonacci) and pulling back to it, we can enter a LONG position
2. (blue) If we see a sign of decline on the desired range, we enter the SHORT position
Trade closed: target reached:
It had a strong fall
But it did not give us confirmation
But it did not give us confirmation
