I have been away all day because of the volatility, but just now I took a trade in eurjpy. If you look across 1 hr chart there is a lot of movement at this line. Also when it came through line previously it was quite a strong move. I also looked at what the usdjpy was doing, and the euro, pound,ect. Also there is a reversal candle previous to this one. I figured it was worth the risk and am in profit so target is 131.41, but with possible pullback at 130.69. Will decide whether to close there depending on strength of other charts as well.
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FF journal: Peaks and Troffs
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