Shown on chart is one scenario that could play out on EURJPY. We are looking for channel and pivot confluence
for tight entries + invalidation levels and high reward trades. Horizontals take precedence over diagonals,
break below pivot and we have a support resistance flip as the level is reclaimed for selling.
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Another scenario that could unfold.
Original idea by Ribz
for tight entries + invalidation levels and high reward trades. Horizontals take precedence over diagonals,
break below pivot and we have a support resistance flip as the level is reclaimed for selling.
Follow for Daily FX and crypto ideas and educational content.
Another scenario that could unfold.
Original idea by Ribz