pip-seeker
Long

EURJPY (my counter trade setup)

FX:EURJPY   Euro Fx/Japanese Yen
66 1 4
the flow of line chart is going down and it continuously making LH and LL indicating a down trend. And I think it will extend to 1.272 fibs extension and Andrew pitchfork median line . if it reach this level then there is 80% of chance to retrace from that level and consolidate near median line . i put a pending order on price 123.91. if hit this target and bounce back then it will definitely goes to 38.6 or 61.8 fib retracement . i will hold this trade until haiken ashi change it color and cross 5 sma .
pip-seeker
9 months ago
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