The EJ has been one of the main pairs on my radar for this entire week. Originally I was looking for a bullish breakout on the higher timeframes, but instead we ended up getting a false break & a retest of the lows of the channel. After putting in a nice tweezer bottom at the lows we've now put in a head and shoulders type of move & if price can violate the current level of resistance it would surprise me to see a move up towards
1) Our most recent inside level of structure
2) Our most recent Outside level of structure
3) A continuation to 132's which is a higher timeframe level of structure
Akil
1) Our most recent inside level of structure
2) Our most recent Outside level of structure
3) A continuation to 132's which is a higher timeframe level of structure
Akil
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