EURJPY - LOOKS LIKE WAVE 5 IS DEVELOPING?
Updated
Hi Lexer_88
Your EURJPY bias is very interesting.
Nonetheless, it appears to us that wave 5 is developing to complete a 12345 sequence of Elliott Wave Pattern.
Comments are welcome.
Your EURJPY bias is very interesting.
Nonetheless, it appears to us that wave 5 is developing to complete a 12345 sequence of Elliott Wave Pattern.
Comments are welcome.
Trade closed: target reached
Wave 5 Target 1 and 2 at 61.8% and 78.6% of Wave 1. Risk appetite trade should be looking for Target 3 at 127.2% extension of Wave 3.
Trade closed: target reached
Target 3 reached at 127.2% extension of Wave 2 equivalent to 61.8% retracement on Daily Chart.This was one of the fastest moves on 5-days period.
Very interesting.
Trade closed: target reached
Simple Awesome!Price arrived at all 3 projected targets.
We look forward for Even more Bullish price action. Check updated Daily Analysis below.
Trade active
Do we have an entry to activate continuation Bullish EURJPY towards Daily targets at price ranges: 123.754 to 125.753?Well, let's watch how price develops.
Embedded is an updated EURJPY 4H on a Daily Bullish outlook.
#MarketHumblesMe
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I
Note
Time for retrace before the rally continue?
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