Update of Post Eurjpy : Value Migration

For those who did not check my earlier post How Value migrates, Then take a look at the post I made two days ago of Eur/jpy

Simple technique when value migrates it really won't lean around the areas for too long and we did need strong Initiative Break and strong candle off from the area I marked was the one we needed.

When Price reverse in strong trends then it does take time to consolidate and accumulate the supply but not in this case and we have several Intermediate breakouts and reversal from those lows were strong and final breakout after Value Migration was strong as rally to the downside lack momentum and we just need a strong Rotation center violation candle that did the trick in this case.

Updated Chart of eur/jpy

In above mentioned chart, I have clarify How Value migrates and that is how we need patience to trade the trend reversals but we should not be in hurry to trade only candles patterns breakouts as we should give time to breakout to see whether or not the part breakout has follow through.