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WicktatorFX
Mar 24, 2021 1:23 PM

EURJPY - BIG Drop Coming 

FX:EURJPY1D
Euro Fx/Japanese YenFXCM

Description

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EURJPY reversed from the third touch of the bigger pattern in play and there was a short entry already from the top.

The next best place to enter is after the break of the ascending wedge and a retest. Will update closer to the time,

Trade safe!
Trend AnalysisChart PatternsWave AnalysisEURJPYEURjpyEURUSDsignalpatternascendingWedgereversal
Comments
EnricoTrading93
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Nice Analysis..... I'm more for a bullish bias. But if price reject my levels i will look for short entries.

WicktatorFX
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@EnricoTrading93, Absolutely correct. It's bullish until that ascending trendline is broken. Good work Enrico!
EnricoTrading93
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@Wicktator Yes agree with that. In that case a short entry on the pullback to the central pivot could be considered. Keep up the good work 👍
lmforex
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@EnricoTrading93, this is my thoughts on it to mate!
EnricoTrading93
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@lmforex, Let's see the following weeks how it will play out.
enayat1360
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thank you 👍👍❤
FaheelFA
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Are we looking at a sell setup if price breaks below 128.400 since the price is moving closer to the trend line for hours now?
Malakjee
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NOT TRUSTABLE
lmforex
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@Malakjee, calm down mate lol
WicktatorFX
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@lmforex, lool thanks bud
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