anilmangal
Short

EURJPY watching for a breakout

FX:EURJPY   Euro Fx/Japanese Yen
13371 30 264
13 days ago
Hi Guys, keep an eye on the one for a breakout. This wave up looks like a C wave in an abc correction, so breaking out could start an impulse to the downside.


Trade with care
Thank you for your support.
13 days ago
Comment:
snapshot
12 days ago
Comment:
snapshot
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Training : add to skype mangal457
watsonzou26
13 days ago
Thanks for sharing, Master Anil.
Reply
TheTrader966
13 days ago
just a quick question Anil. when are you thinking of entering this trade
+6 Reply
mrhimsly TheTrader966
13 days ago
@TheTrader966, He just share the idea, any decision is all yours.
+3 Reply
BigBear74 PRO
13 days ago
Good to see you back Anil... hope your feeling better?
Reply
ZohaibFX PRO
13 days ago
Thanks for the idea !
+1 Reply
ricardasvilkas
13 days ago
GBP/JPY similar setup. Both charts might show a waterfall sooner or later
Reply
mizo
13 days ago
thnx
Reply
DanielKjoelstad
13 days ago
I do as well think we're missing one more 5th impulse down on the daily chart.

snapshot


snapshot

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schakim
13 days ago
So a lot of ppl are hot on shorting this one, which probably will lead to a test of the daily down trend. I may be wrong, but my gut feeling tells me the gal is't ripe yet and a test of daily would also fit with the EW guideline of equality so C would be about the same length as A, just a view. Besides, well past bedtime here so will leave it to tomorrow, maybe I find the train has left the station, so be it as there will always be a next one.

Great pick though as once it break, it will be a great trade.
Reply
fxlion1996 PRO schakim
13 days ago
i am shorting it its right at the 118 whole number its going to take 20 pips of stop hunt than ride down
Reply
The_Duke
13 days ago
Thanks for the update Anil
Reply
The_Duke
13 days ago
Glad I took your advice and waited for consolidation, and had my stop entry order placed underneath the action, this one went very wrong, very fast....
+1 Reply
Adama14
12 days ago
great thanks, now that everything is down this morning....
+1 Reply
Asif990
12 days ago
Anil yr skype i.d
These pair just hit sl
Anyway your analysis give me some nyc newzee went
+1 Reply
anilmangal TOP Asif990
12 days ago
@Asif990, did you see the update for one more up? https://www.tradingview.com/chart/EURJPY/PtkvvKcT-EURJPY-watching-for-a-breakout/#tc504855

+1 Reply
Asif990 anilmangal
12 days ago
@anilmangal, yes anil i am big fan of you watching yr each and every post frm last one month nd u are the first person that inspired me plese dont mind i also put an notification alarm when you put video on youtube
Just loving you
Because you have change my nd million of other People's
Nd one last thing that i love it that you dont care of dammed news of any pair plus support and resistance
Wish you all the best anil
Lobe you
Reply
AtukIchimoku
12 days ago
im still on bullish for EJ
Reply
Ajoy12345
12 days ago
Anil, Hats off to you man! I learned Elliot wave from the best in the world - Sid Nories and Ramki Ramakrishnan and learning how to make the entry and exist from you by watching your blog and webinar. I used to assume the top. but now I am learning to be tons of patience to wait... for the right entry. I want to learn also money management and trade ledger.
+1 Reply
Justinceo
12 days ago
you change your plan from SHORT to LONG ?
+3 Reply
DanielKjoelstad
12 days ago
https://goo.gl/photos/sqwA2ry6Yn9xWys38

This one is really exciting now. Let's see if it breaks
Reply
Can you update this please thanks
Reply
Kumail
11 days ago
Nice Analysis Anil :)
Seems like it has broken the daily down trend. Keeping an eye out for your updates on a corrective structure before any buy - as per your last update.
Looking forward to your webinar tonight ...although its at 2am for me!
Reply
Brownie11982
11 days ago
snapshot

Nothing is broken...
Reply
RaviRavs
8 days ago
Might test that level it's actually broken through and is at 119.765 hoping the downward trend starts this week.
Reply
RaviRavs
6 days ago
Any update or thoughts on this?
Reply
IshanTripathi
6 days ago
It has broken the daily trend right??
Reply
MrThomas
5 days ago
now sell!
Reply
RaviRavs MrThomas
4 days ago
@MrThomas, you sure? I entered the sell back in 118.530 so have already taken a major hit :(
Reply
RaviRavs MrThomas
4 days ago
@MrThomas, you don't believe the trend will continue to push further and become the new support?
Reply
MrThomas RaviRavs
a day ago
@RaviRavs, sorry ravis. this move is really strange. not normal. this pair will going up to 190
Reply
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