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Euro / Japanese Yen
Short

EURJPY ABCD Pattern, good time to enter short

By FX_CouchPotato
Updated
EURJPY

Hello traders we've seen a plethora of ABCD patterns across the board this week, some of them turned out to be valid and it seems like we have another one. My plan for the coming week is to enter short with s\l just above current high. I am expecting the movement to be towards previous major resistance which is now a support( around 134.50), things will become move clear when price breaks through trendline.
Trade active
Note
Approaching key support line
Trade closed: target reached
Harmonic PatternsTrend Analysis
FX_CouchPotato

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