Get started
chessnut

EURJPY EW Analysis - abc complete, channel breakout, big potenti

Short
Euro / Japanese Yen (FX:EURJPY)  
chessnut  
FX:EURJPY   Euro / Japanese Yen
5
1
I published a chart a while back describing the primary wave structure of the EURJPY. Since we have corrected in an abc fashion as I forecasted the the EJ is ready to begin wave iii. This breakout is a great sell signal and has by guideline a minimum of 62% retrace potential, but we could be targeting multi year lows in this move.
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.