SharifAzadeh
Long

EURJPY; Where To Look For Support

FX_IDC:EURJPY   Euro Fx/Japanese Yen
57 2 5
In my latest analysis on this pair, I predicted a decline based on a bearish Bat pattern:

EURJPY; Playing The Bat


Well, the price has decline fast and is now approaching some critical classic and harmonic support:

1- Massive Inverted AB=CD pattern
2- Bullish AB=CD pattern
3- Channel bottom
4- Butterfly

I think some decent long opportunities lie ahead for the patient bulls.

Good luck,

Ali Sharif Azadeh, CFTe
Comment: In the long zone. Prepare to go long!
Comment: This thing is going right up to the North Pole.
Hi Ali, I really like your advices, always appreciated and well done!

Best,
Sam
+1 Reply
Thanks Sam for the kind words
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