EURJPY has extended below the average daily range low of 128.900. Its surpassed the S100 Weekly Fibo Pivot. The bears are still firmly in control, however, price continuing to push this low increases the potential of a reversal or strong pullback. This is my edge, trading from these outer fibo pivot points. I'll wait for confirmation the bulls are entering the market before buying this pair.

Pivots . Price Action . Patience
Pivot Points

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