If we are too subjective in trading financial markets we tend to analyze charts on lower time frames which is much more stressful especially if account size is small. The more we have objective approach in trading we can look the charts on higher timeframes and do the forecast. Higher timeframes are related to investors with big monetary power. Placing trades on Daily Weekly and Monthly time frames require big capital. Although higher timeframes can be used for forecasting where price is going and retail traders can go on lower timeframes and trade short term but this is very risky and requires a lot of skill. This is Monthly timeframe Forecast for EURJPY pair...
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SELL.
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