Disturbance zone at 122.723, possible re-test of zone fo a move to the upside to zone 123.477 Twin trade
Rejection of 61.8% fib TP @ -27 fib extension SL 15 PIPS below 78.6% fib
EURJPY EJ 1D - Simple harmonic movement. Overall trend is uptrend. Currently price is making retracement. However, there is a SBR formation in 131.00 brn zone. Price might shift from uptrend to downtrend. Anyway, current price at 130.000 BRN level, also a fresh RBS zone. We can consider counter trend and target to 131 retracement. EJ 4H - Bearish...
Awhoooooooooooooooooooooooooooo! Are you ready for a trip to the Green moon? Yes?! Fantastic! Slap on your calls and give yourself plenty of margin room for choppy water, this ride may be very bumpy! However I firmly stick by my view and trade that i am holding long for the next couple of weeks here. It's long until it isn't! ;)