EURJPY - bears are ready to move on

FX:EURJPY   Euro / Japanese Yen
We've got a possible ended triangle, so there's an opportunity to have wave {v} of C soon
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i am more interested in the use of 233SMA since I used this in my analysis. Could you shed light why 233 and not any other number ? Thanks
It's Fibo )))
Ignat...new to trading( live 1 year ) and even newer to Elliot wave - I like your count. I am already short on this and will short the USDJPY with virtually same set up. And correalation is helpful in my opinion as added confirmation, especially the yen crosses as they are often all highly correlated with each other - with even the charts looking the same. For example check out the CHFand NZD yen pairs, both have closed with bearish candle reversals as well.

Nice idea Ignat.
Seeing as you think EURUSD goes up to 1.14, this will be a USDJPY related move right?
Hello! Actually, I don't pay a lot of attention to correlation between fx pairs. I try to focus on each chart, just just find interesting opportunities
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