EURJPY: ratio of growth and corrections 1/3The price growth is carried out due to the ratio of growth impulses received from price levels and corrections. This ratio seems to me to be about 1/3. That is, making a correction, the price stops before reaching the starting point, due to this, the growth continues. Growth waves alternate as 1 - main, then 2,3 - corrections. And again. Now the price is at the stage of the second wave. We can expect growth to the price level of 128.1 and a fall to 127.6.
SL - 127.5.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
