RCP
Short

EURJPY: Harmonic Moves

FX:EURJPY   Euro Fx/Japanese Yen
Here on FX:EURJPY             we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we are in a bear market right now.
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