Floating markets forces are at play when currency pairs are processing big change such as a change in direction, causing harmonic price movements visible at 1m. If you zoom in too much you might get dizzy and if you are not an experienced scalper you better wait until the storm has blown over.
Which pair(s) EURUSD, GBPUSD, USDJPY is/are going to change direction?
Arnaud, any update on EUR/JPY in the medium long term?
Deep-Peat-Shark
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@lu1977hk, Hi, this is an educational idea on the harmonic price changes of the three mentioned pairs that occured at the time of the post. For info on other pairs and time periods please refer to more related ideas such as ideas specifically about EURJPY at tradingview.com/ideas/eurjpy/. Looking at it it seems EURJPY finds itself in a ascending channel since mid December. Price movements are very volatile as this pair finds itself in a circular dependency with USDJPY and EURUSD. So, be careful and good luck!