EURJPY and EURUSD are positively correlated.
I am short on EU and this pattern on EJ therefore does not surprise me.
Technically speaking though, my stop loss should be above the "head" as this is the last HH created. But I needed the RR to make sense for me to take this trade :)
Enjoy :)
I am short on EU and this pattern on EJ therefore does not surprise me.
Technically speaking though, my stop loss should be above the "head" as this is the last HH created. But I needed the RR to make sense for me to take this trade :)
Enjoy :)