Metal procurement & cutting edge technical linear studies utilising reaction lines to provide high probability trade setups and create charts that reveal true organic support and resistance.
Tuesday, 4 May 2010
USD JPY reversal....
Here are two 5 & 15 min charts of USDJPY. I think a bottom has formed and price is reversing after having been brought down by the reaction line visible in both charts. I am going to try to get long on the first stochastic pullback....more to come
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