MassimoChiampo
Long

EUR/JPY WAVE ABOUT TO COMPLETE

FX:EURJPY   Euro Fx/Japanese Yen
44 0 1
MARLET IS STILL INSIDE THE CHANNEL AND IS LOOKING TO TOUCH THE UPPER LINE.
IT MADE A MAJOR RETRACEMENT TO THE 78,6 LEVEL, SO I WOULD EXPECT TO GO UP AND REACH THE TARGET AT 119,72.
RISK REAWARD SEEM OK. STOP LOSSO WILL BE JUST BELOW THE A SO THE RISK ABOUT 75-80 PIS AND THE REWARD IS ABOUT 250 PIPS.

WHAT DO YOU THINK?
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