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EURJPY HARMONIC PROJECTIONS SHORT

Short
Euro / Japanese Yen (FX:EURJPY)  
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FX:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns EURJPY eurjpyshort harmonicforex Forex forexsignals EURUSD shortsetup
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trendanalysis harmonicpatterns chartpattern eurjpy eurjpyshort harmonicforex forex forexsignals eurusd shortsetup
TWO POSSIBLE SCENARIOS ON EURJPY HERE BOTH TO SHORT FROM LEG C TO D

1. GARTLEY, PRICE BROKE THE H4 SUPPORT ON EURJPY AND MAY HEAD DOWN TO 78.6 RETRACE TO COMPLETE THE GARTLEY AT 125.9 AND WE MAY SEE A PULL BACK TO POSSIBLY RETEST STRUCTURE BEFORE HEADING FURTHER DOWN

2. CRAB, PRICE BREAK THE 78.6 AND BREAK POINT X TO COMPLETE THE CRAB PATTERN

OVERALL- BOTH WAYS SHORT IS IN PLAY. MANAGE YOUR RISK PROPERLY AND WATCH FOR REVERSAL PATTERN TO GET OUT OF THE MARKET.
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