Ok, I am looking for a posible retracement/down wave on EURJPY, take a look at this. You can definitely see a consistency in this "diamond shape" patterns as I call, and the market does either a retracement or a big reversal afterwards, I know it can be a bit confusing to see at first but you will get accustomed to it. I trade waves so the last week I have been expecting a down wave on the euros, took a short on eurgbp and eurcad already, around 120 pips each.
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Re: Indicator seems to "predict" big reversals in price, need help about its utilization.
lainIwakura999, Thu Jun 04, 2020 10:34 am
