in continuation with my mtf analysis, the only valuable information i could get from the wtf analysis, is the i want to the following to take place, and those are the things that i will wait for.
in order for me to execute my trading idea, all of the movements am waiting for must take place.
1- i want the current high @ 121.50 to hold for a couple of weeks.
2- i want the low @ 117.50 to be re visited again.
3- i want this process to take some time. not less than 5 weeks from now.
I will make a new analysis @ november 2019 closing.
for me right now, the eur jpy is in the pre trade execution pending period.
i will close its chart & get back during novemeber 2019 closing to re analyze.
in order for me to execute my trading idea, all of the movements am waiting for must take place.
1- i want the current high @ 121.50 to hold for a couple of weeks.
2- i want the low @ 117.50 to be re visited again.
3- i want this process to take some time. not less than 5 weeks from now.
I will make a new analysis @ november 2019 closing.
for me right now, the eur jpy is in the pre trade execution pending period.
i will close its chart & get back during novemeber 2019 closing to re analyze.