DislikedAUDJPY Week 11 Mar 14 to 18 Trading: D1 chart Big Picture Plan below: Monday Mar 14: wait for market open and check to see how the market reacts to China data release on last Saturday when world markets were closed. look for weekend price gaps and do not trade immediately. On the BPP below, you will see several MN Historical Swing levels in the area around current market. This pair is bullish and we should see buying up to the region between 86.00 and 87.50. Do not worry about any pivots or fibo levels because just by looking at the BRN 00 and RN...Ignored
not 87 besides does not matter if TMS traders don't believe EW harmonics (rather bold statement)but fact is all markets are based on EW which is based on human emotion.Core reason why corrections happen even if it goes against fundamentals.
In trading, you have to be defensive and aggressive at the same time