Sorry - I deleted my post as didnt want to interfere but I know your an expert on EURJPY hence my question.
I asked this:
Hey Dimdel - Not related to your system but I know you trade EURJPY on the daily. I though I saw a hammer candlestick signaling a trend reversal on 13th July which got rejected and then a doji on the 20th July signalling the trend reversal again. Is EUR about to blow upwards??? HMMM
Do you agree with my reading of the daily?
I think we're just in a pullback right now. I hope you can help me with my understanding of price action.
Price broke the Demark trend line so I think we'll actually see it go up to about 137.104. Where the green horizontal line is.
If we see that huge reversal candle on 13th....I think market will ignore the doji from yesterday and burst up......
I asked this:
Hey Dimdel - Not related to your system but I know you trade EURJPY on the daily. I though I saw a hammer candlestick signaling a trend reversal on 13th July which got rejected and then a doji on the 20th July signalling the trend reversal again. Is EUR about to blow upwards??? HMMM
Do you agree with my reading of the daily?
I think we're just in a pullback right now. I hope you can help me with my understanding of price action.
Price broke the Demark trend line so I think we'll actually see it go up to about 137.104. Where the green horizontal line is.
If we see that huge reversal candle on 13th....I think market will ignore the doji from yesterday and burst up......