Euro / Japanese YenShort
EURJPY - planning for shorts
Updated
Let's see if there is any justice in charts :)
Following harmonic from zoomed in chart below, it has chances to make another leg down and reach 0.786 of CD at 116.00. This TP corresponds also with -1 Fib level of the last drop from 118.00 and is symmetric to leg down from point D. Ideal entry zone is marked red, but I'm willing to enter even lower n case it will never pullback to there. Let's give it some time, today is anyway lazy day.
1h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Following harmonic from zoomed in chart below, it has chances to make another leg down and reach 0.786 of CD at 116.00. This TP corresponds also with -1 Fib level of the last drop from 118.00 and is symmetric to leg down from point D. Ideal entry zone is marked red, but I'm willing to enter even lower n case it will never pullback to there. Let's give it some time, today is anyway lazy day.
1h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Note
Also not valid anymore.
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