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EURJPY LONG ON PULLBACK: 5-0, CRAB, MISSED PIVOTS

Long
Euro / Japanese Yen (FX:EURJPY)  
glennmercer  
FX:EURJPY   Euro / Japanese Yen
Bullish Crab Crab 5-0 Pattern EURJPY confluence missedpivots pivot Pivot Points
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bullishcrab crabpattern 5-0pattern eurjpy confluence missedpivots pivot pivotpoints
EURJPY has completed a bullish crab and has shown signs of a reversal, opening up a nice potential bullish 5-0 trade opportunity. Entry will be at the 50% retracement of the bc leg with a very confluent target area. Target confluence between missed pivots, 61.8%CD (crab target) and 1.618bc=de (5-0 target).

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