double top on 4hr chart double top 4 hr chart we wll see next downside move target 121.45Shortby artplayerPublished 2
EURJPYLooks like there is some resistance and a decent short position can be taken at current levelsShortby Ruzan86Published 1
LONG EURJPYEUR/JPY after a sharp correction from 125.8060 price manged to halt near support level 124.4190 levels now price trying to take momentum on upside, Traders can buy EUR-JPY @ CMP and maintain the stoploss of 124.2000 with take profit 125 Happy Trading Feel free write comment us Longby JnaneshsdPublished 1
Short EURJPY We can short EURJPY for the following reasons. The Primary Wave 2 is completed thus we are potentially seeing wave 3. Wave 3 cannot go higher than wave 2. The price is also approaching intermediate wave 2 where it should terminate and start wave 3. Again wave 2 cannot go over the area of starting of wave 1. It is a hat-rick because minor wave 2 cannot cross over the area of where wave 1 started. All these regions are on the same resistance line, thus potentially we are gearing up for a sixer. Our potential target is 161.8% Fib level at 110 region. This is a very high probability because i have consider multiple waves with support and resistance level. Strategy Short now at CMP or 122.20 with SL at 123 area at EOD basis to target the minor wave 2 start with target of 110 area however we will review this soon and evaluate Shortby inderjeet05Updated 2
EURJPY- UPWARD 5 TH WAVE COMMENCED. Buy for Targets 124-126 areaEURJPY has completed 4th wave (complex correction) and 5th wave has commenced. BuyLongby financialmarketsalgorithmsPublished 1
Week 6 (Day2)--- EURJPY let's see Divergence formLets See where it takes after divergenceby sun8031Published 1
Correction on EURJPY ?Currently we are in the corrective wave a. It just touched 0.382 retracemet near 115.285. Once done it can start for the b wave. We need to check what corrective pattern gets formed.by nirav5Published 1