arkan1976 wrote:-12 pips eurjpy....
Hi Arkan
If you go short there, you should keep it on a very short leash and not allow it to go negative. The candle left of the yellow arrow is not momo (as I see it at least) in context of the 5th up candle to the left of the candle with the yellow arrow; I would wait and see what happens around the 50% of that candle. Price has the propensity to continue longer than the account can cope with


