Watching this Aud/Jpy 4 hour BEOB at a pretty good location.
I have a stop loss at the Barbreak, about 20 pips away. The BEOB broke for about 20 pips. So it could be a free trade right now. (not counting spread)
The blue area is the obvious area were I think Price will go. Let's see who wins the BarBreak stop loss at 76.50 or the blue area at 76.00.
(Hourly chart also shown)
I have a stop loss at the Barbreak, about 20 pips away. The BEOB broke for about 20 pips. So it could be a free trade right now. (not counting spread)
The blue area is the obvious area were I think Price will go. Let's see who wins the BarBreak stop loss at 76.50 or the blue area at 76.00.
(Hourly chart also shown)
Attached Images
Indicators show the past. Price Action "Indicates" the future.