EUR/JPY DAILY CHART, THE 5-0 BUY PATTERN IS FORMING ON THE CHART
BUY @ D
THIS THE MOST CORRECT AND MOST GUARANTEED POINT TO ENTRY TRADE,THIS POINT =50% RETRACEMENT OF BC
BUT TO THE AGGRESSIVE TRADER COULD ENTER THE TRADE FROME B POINT AFTER THE B POINT ESTABLISHED 113%-161.8% XA EXTENSION TO 161.8%-2.24% OF THE AB LENGTH, IN THE CURRENT INSTANCE ENTRY FROM B POINT AT 114.43 THE BC LEG RALLIES TO AT LEAST A 1.618 EXTENSION OF THE AB LENGTH AT 125.37 BUT IT DOES NOT EXCEED 2.24 AT 129.6
