Eurjpy short


Eurjpy is moving sideways which after a rally. On the 4hr timeframe its is forming an eliot expanding diagonal. While on the daily timeframe it has reach a sell quasimodo level(I.e it has completed a quasimodo pattern). Also macd has formed a divergence and there is also a trendline confluence.
Eurjpy will sell to the next support or supply level..
Elliott WaveSupply and DemandTrend Analysis

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