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My very good friend, Julius, has been trading with eWaves for some time now and having great success with it. Here's a recent trade that he took on AUDJPY H1 - a perfect example of trading from the W5 to previous W4 levels. 
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And following on some more, from the posts below, you've probably already noticed where price went to on EURUSD ... 
Another couple of examples showing the relevance of closed gaps, following on from yesterday's post ... We have a gap that has yet to be filled on EURUSD ... let's see what happens over the next few days 
Here's EURJPY showing similar respect to the S/R formed by closed gaps ... 
Here's a great example (using the 'Snorm Mind The Gap' indicator), of how past gaps, even though subsequently closed, can provide some great trading opportunities. Just treat them as you would normal strong S/R areas ... 
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