Above 120 unlocks a substantial move to the topside !!
A good time to update the EURJPY chart as we start trading above the key psychological 120 level. As widely expected for those following the live coverage in Telegram EUR is finding a strong bid across the board:
For the long term map:
The flows are simple today, completion of the ABC sequence at 121.219 while the extension at 123.782 will imply we are inside a 5 wave sequence. Nothing so impressive as simplicity.
Good luck all those in EURUSD and EURJPY
*A pending note here... We will also need to update the EURCHF chart over the coming sessions.
For the long term map:
The flows are simple today, completion of the ABC sequence at 121.219 while the extension at 123.782 will imply we are inside a 5 wave sequence. Nothing so impressive as simplicity.
Good luck all those in EURUSD and EURJPY
*A pending note here... We will also need to update the EURCHF chart over the coming sessions.
Trade closed: target reached:
First targets cleared here at 121.219...eyes on the break
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