FullTimeTrader
Short

EURJPY-be prepared to catch the killer 3 wave

FX_IDC:EURJPY   EURO / YEN
1066 8 26
According to my long term analysis this pair is forming a big ABC pattern shown on the chart.
Wave C is starting to ulfold possible as an impulse wave labeled 1-2-3-4-5
Price is now making a deep retracement for wave 2, after that i expect an strong bearish decline.
You can use the harmonic setup shown below as your entry point ( bearish bat).

Best regards!! do not overtrade!!
Yahia.Awes
a year ago
Check your PM..
Reply
FullTimeTrader
a year ago
Possible setup for an entry:
snapshot
Reply
DamodarD
a year ago
I entered short at 138.0 but this
EURJPY: Long after Pullback!
worried me :(
Reply
FullTimeTrader DamodarD
a year ago
Hello, i respect other traders ideas but my bias is tha all EUR pairs will decline after the last push up, anyway, if your are long you can take profits near 140.000
Regards
+1 Reply
I sill can't see impulsive structure on 1 on lower tf. Can you post a chart pls?
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xChampi0nx PRO xChampi0nx
a year ago
I,however, do agree eur jpy will be lower in coming months for C.
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FullTimeTrader xChampi0nx
a year ago
Hello, im assuming wave 1 is a leading diagonal
snapshot
Reply
xChampi0nx PRO FullTimeTrader
a year ago
ye make sense. thanks again
Reply
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