Beach_Walker

Possible AB = CD pattern EURJPY

FX:EURJPY   Euro / Japanese Yen
An AB=CD pattern has formed on the eurjpy. Also noticed the 78.6% retracement of the prior swing low to swing high. The RSI went oversold. And, looking to the left I see some prior structure/support.

Entered long @ 132.254
Stop loss @ 131.814
Profit Target @ 132.783

Disclaimer

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.