EURJPY long
Updated
EURJPY might have finished a wave 4 correction. We saw a bullish impulse of lesser degree and once this got confirmed by means of a consolidation/flag pattern I will be looking for a buy continuation trade.
Note
This pair is consolidating and I am looking for the bullish reversal for a buy.
Note
Note
The bigger picture we expected another leg lower. However since we saw a sharp correction but not an impulse, price is continuing lower from here meaning that we have to wait a little longer for a possible buy.Note
possible activation of buy continuation trade.
Note
Note
which one is it gonna be?
Related publications
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.