FX:GBPJPY   British Pound/Japanese Yen
99 2 0
Some Supply and Demand Lines coming into play should tell us where the next move is.
Have you noticed in your trading if demand is greater support -after- supply has been penetrated
then when it has not gone into the zone as in this example and vice versa, ?
Thanks for your thoughts ~
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Dreem dojitrader
To be honest, I have actually never looked at that in depth so I cant give you a solid answer. However, I will will say that lines of supply and demand grow "stronger" the more times they are reached & reject the market from moving past them. I hope that somewhat helps with your question.
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