A good opportunity to BUY the EUR/JPY pair.
Today we are feeling very generous. After our other 2 successful trades to Buy NZD/USD and sell USD/CAD we are now seeing how our super awesome Trend/Wave/Extreme Mini Indicator tells us there’s a good Buy situation is coming.
NO COMPLEX LINES AND SHAPES. JUST 3 BARS AND COMMENTS. THAT IS THE ONLY INDICATOR YOU WILL NEED
- the extremes are in the oversold area
- there’s a strong upward trend both in terms of chart pattern and the Trend Bar nearly fully filled to the upside.
Seems like a downwards correction has been NEARLY completed and is ready to rise again. WAIT FOR THE 2 CONSECUTIVE UP CANDLES BEFORE BUYING.
ALWAYS PLACE A STOP LOSS!!
Read about the Trend/Wave/Extreme system here