tntsunrise
Long

EURJPY ENTERED LONG POSITION

FX:EURJPY   Euro / Japanese Yen
212 3 13
TO BE HONEST
THERE IS HARMONIC PATTERN
BUT THERE IS 0.886 AND 1.13 CONFLUENCE
VERY GOOD THING IS

IT DID NOT CREATE A LOWER LOW!

I REENTERED MY LONG POSITION AT 136.54
AND I STRONGLY BELIVE THAT THIS PAIR WILL GO UP
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technically it looks great but not so sure on the fundamentals. With Italy headlines now in recession and crummy Euro zone numbers Yen continues to strengthen. You could get a nice pop on ECB news though and you do have good risk reward
Reply
tntsunrise paulyberndt
Thanks for your comment! Hopefully it will rally on ECB decision.
+1 Reply
SRY. MISSED A "NO"
THERE IS NOT ANY HARMONIC PATTERN
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