#EURJPY: Bear Conviction Clear, Continuation Likely! #Forex

FX:EURJPY   Euro / Japanese Yen
270 2 17

After some really obvious bearish conviction here it is obvious to expect some really good downside here. We have a really good small wave rounded top with multiple doji's and a clear break out to the downside, giving us this very good technical set up with a lot of bear weight behind it. We have a very high probability target, given to us by a small and large 3 wave pattern, alongs with the sideways support/resistance trend line all landing, geometrically in the same place.

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nice setup! i am with you!
+1 Reply
Let's see if we can get this one!
+1 Reply
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