EURJPY 4HWe see strong weekly rejection off resistance which is confirmed on the 4H where we find a breakout level to take price short. Initial target set at 1:2,
120pip stop : 240 pip target.
Tradeideaslive
Lessons on Support and ResistanceSomething went really wrong last night during the student meetup session.
This was the topic on Support and Resistance I love to cover and teach my students the support line with the clock is the 2nd chance entry for me to engage in a buying opportunity and Magic Candle should appear on the support line when the market break and close below the consolidation that signals a potential bullish flag setup.
So here it goes.
