EURJPY: Possible AB=CD pattern Short

Euro Fx/Japanese YenFXCM

Description

⋅ Aug 13, 2017 10:59 AM

Hey traders,

On the EURJPY we can see that price has broken the recent trendline and made a retest. Now I'm expecting an AB=CD pattern to complete around the 50% retracement of the larger move.

Cheers

Comments

Ahmed_bunah2

⋅ Aug 13, 2017 2:18 PM

Hi Friend,
I am looking higher to short...

11021992

⋅ Aug 14, 2017 3:40 PM

@bunah2, Oh that's quite a lot higher since you're looking at the daily timeframe. Good luck either way!