Hi there,
EURJPY on 4H chart looks that we have an impulsive move or (wave) in a parallel channel, and this wave contains 5 impulsive waves, now we're in the last fifth wave in a parallel channel too, and it made up of five subwaves, we're in the wave three now, and it looks like an extended wave as you can see on the chat above, but it didn't complete yet. the targets will be (163.133)
(163.572) (164.172). with a minimum stop loss at (160.965).
we'll see,
EURJPY on 4H chart looks that we have an impulsive move or (wave) in a parallel channel, and this wave contains 5 impulsive waves, now we're in the last fifth wave in a parallel channel too, and it made up of five subwaves, we're in the wave three now, and it looks like an extended wave as you can see on the chat above, but it didn't complete yet. the targets will be (163.133)
(163.572) (164.172). with a minimum stop loss at (160.965).
we'll see,
Trade active
Note
✅ First Target reached, 131 PipsNote
✅ The second Target reached, 144 pipsTrade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.