Hi traders, im watching eurjpy for potencial sell. Eur index is showing that there is still some room for price to push lower, and so far I dont see any sign for reversal. Also jpy index is showing nice buy potencial. Im waiting for price to tap trendline and hit 0.786 fib which will complete that bearish flag. If price will agressively break above that trendline, this will invalidate that setup. Stay potient and watch price! If price will start pushing lower, i will watch what price will do around lower trendline. Good luck!
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Price went up and invalidate that setup, but I still think that price will go down.
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Price is pushing lower, it went higher to retest upper trendline once again then reversed. Waiting for correction now
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Siplicity, break and retest :)