The pair EUR/JPY has former a structure for an ABC corrective Wave. Also the Elliot Wave oscilator still negative for the 4H frame and a retracement of the .50 fibo suggest the B wave has finished. Now we trade for a short with 126 objective. SMA20 still below the SMA50
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.