XavierAlexander
Short

EURJPY POTENTIAL SELL H4 WEDGE - HIGH PROBABILITY OPPORTUNITY £$

FX:EURJPY   Euro / Japanese Yen
Quick clean idea on EURJPY             .

Drawn Support and resistance based on structure, wedge tightening.

Fibonacci retrace level shows 61.8% reversal possibility occurring from last months High/low point.

Commodity channel index also heading south after being heavily overbrought

Seeking entry between 136.350 - 136.450 watching smaller TF's play out before commitment.

First target - 135.095
Second target - 133.400


Good Luck and Happy Trading :)
beast
+1 Reply
IvanLabrie PRO not_in_use
Indeed!
+1 Reply
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