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EURJPY Extension Reached,Next Possible ABCD
This analysis is a reflection of last action projected into possible repeated action.
The idea is to follow the trend.
Even though retrace is expected , counter trending trade is not suggested, instead it is better to patiently waiting for correction complete then take the more rewarding long trade. Unless a strong impulse to downside is evident, we are in watching mode.
Sometimes the best action is not to trade
The idea is to follow the trend.
Even though retrace is expected , counter trending trade is not suggested, instead it is better to patiently waiting for correction complete then take the more rewarding long trade. Unless a strong impulse to downside is evident, we are in watching mode.
Sometimes the best action is not to trade
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