We have a support in the region of .67000 . Well . This support has a round number and a low rejection candlestick appeared .
Moving on to the 4-hour chart , I found a pin ba confirming this rejection .
Because of the strong selling power , my trading system tells me to place a pending order purchase above the maximum of this pin bar , aiming at 0.68686 .
EUR / JPY with Bear's power.
This pair apresneta two basic lines as resistances. An LTA that came together with a common resistance in the region of 136,500
In price action we call this confluence of factors and is a great sign , in which case the sale.
No, I do not know what the future will tell me . However , my trading system tells me that basically in a lateralized market I must purchase a support .
I use pending orders by security and await a high candlestick , which occurred on Friday .
I have a pending purchase order and if the market is not in my direction , has no problem because my stop loss is well...
We have a confluence of two lines. A horizontal working as a beautiful support. And another, diagonal, functioning as a beautiful line of uptrend.
I believe that prices have a high probability of rise.