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Euro / Japanese Yen
Short

EURJPY Wave 3 to the downside?

By astonh3
Updated
Possible beginning of wave 3 to the downside. Price currently testing the hi of yesterday. Price is also making lower, lows to the down side. If it goes, there will be over 300 pips available. Momentum is currently up. Will have to wait for a reversal candle/pattern or momentum shift on the 15 or 5 min chart
Trade active
Holding and will be adding. There seems to be a huge bear flag with an initial target at the blue rectangular zone and then, if it goes, the blue triangle, before price retraces to go down further.
snapshot
Trade closed: target reached
Same as AUDJPY.
Hope you took advantage of this
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Trend AnalysisWave Analysis
astonh3

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