Small corrective pattern spotted inside large corrective pattern on a higher TF.
Safer entry on break of smaller pattern or potential scaling opportunity. I would always recommend bringing original stop loss to entry when scaling in. Trade safe and keep losses minimal!
Glad to be back after a bit of time off chasing other responsibilities of mine. EURJPY has broken down through what I see as a head & shoulders pattern play neckline.The measured move is some 200-250 pips lower providing the neck line break is held. I suspect bounces back to that neck line will be met with resistance. Hold under the neckline and this opens the...
