Looking at the USDJPY chart, you can also look for extremes away...

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    Looking at the USDJPY chart, you can also look for extremes away from main trend and sell them back to the trend.
    Like Dave said, the long wicks in the Extremes on M5 tell the story.

    I use H4 as a overall trend Bias on M5 - its 0.37 so its selling.

    uj sell extremmes.png
    Last edited by RickM: 09/12/18
 
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