I like the looks of this EJ 2 week PB...Buy Stop on break of 134.30
Seems like we have a bounce off of the 130.95 monthly support in conflunce with the 38.2% - 50% fib retrace on swing low of minor bull trend (does that make sense to you?). Also, seems like we have a 679 pip window of opportunity to long the EJ with 1st Target at the 140.92 monthly resistance level, which just happens to be a 50% fib retrace of swing high on major bear trend...
Of course all critiques are welcome...(but I really like this 2 week PB).
GregB
Seems like we have a bounce off of the 130.95 monthly support in conflunce with the 38.2% - 50% fib retrace on swing low of minor bull trend (does that make sense to you?). Also, seems like we have a 679 pip window of opportunity to long the EJ with 1st Target at the 140.92 monthly resistance level, which just happens to be a 50% fib retrace of swing high on major bear trend...
Of course all critiques are welcome...(but I really like this 2 week PB).
GregB