EURJPY Parabolic Drop
Updated
EURJPY had a nice parabolic move to the upside. These kind of moves have very fast and larger candles. They are proceeded often with nice parabolic reversals form the parabolic start. Looking for daily candle to close below support "not on chart" with stops behind the daily candle.
Note
As of right now the support line has not confirmed a down move. A break of the blue line on a closing basis will signal the move. Pair can head up as long as support holds.
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