EURJPY Elliott Wave 5
Wave 4 has been confirmed.
Hunting for a top, current 1.618 retracement @ 130.468
Final Wave 5 target is 107.023 (clone of Wave 1)
If the pair exceeds 130.468 Wave 5 target will be adjusted.
Hunting for a top, current 1.618 retracement @ 130.468
Final Wave 5 target is 107.023 (clone of Wave 1)
If the pair exceeds 130.468 Wave 5 target will be adjusted.
Note
even though EJ had a down session I am not convinced it is Bearish just yetwe remain in a Bullish channel and many trades I've gone long have been rejected at key crosses on the 4hr, for an example check the SPmini 4hr today, the 4hr was about to swing down and the market held and retraced back up strong
lets see how EJ fairs on the 4hr come Sunday open
cheers!
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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.