FX:EURJPY   Euro Fx/Japanese Yen
59 0 3
10 months ago
EURJPY             daily chart wave count
EURJPY             is in wave 2 in big cycle
Wave 2 subdives in ABC

Wave A was from 150 to 126
Wave B was from 126 to 141
Wave C is currently trading and subdivides in ABC also.....

This subdivision is not very clear, expect wave A to complete at 121 which is 2.618 fibo of the first decline from 141
If 121 holds expect recovery towards 128-130, EMA(233)in daily chart would make resistance to price

2 options for trade:

Short at 128-130 on recovery wave B
Short below 121

both with target 105
8 months ago
Comment:
snapshot

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