Long trade based on quarters theory as price bounced off the 1.285 quarter level.
tasked with trying to learn how to mark up quarter points with the intent to start to recognize support and resistance in the charts - I started on a very high time frame to bring the chart into pespective - started at one for ease of marking and moved 25 pips or 250 microns from start line for 24 horizontal lines
Not convinced DollarYen is ready to fall yet Currently Trading over 112.5 QuarterPoint We could see a retest and a push up to 113.7 Completion of Bearish Shark Pattern That is the price I will be monitoring for Bearish Entries Bearish Target @ 111.0
EG seems to be diverging on the lower timeframes and stuck at the overbought levels which normally indicates trend continuation. If i'm correct then price will possibly continue upward until the quarter point converges with the fib level. WE SHALL SEE.