EURJPY - BULLISH WOLFE WAVE #RRR 1:10

HI BIG PLAYERS,

the EURJPY's 1 hour chart is currently showing a nice bullish wolf wave.

I suspect that the price is still dropping a bit and is making its way up the Fibonacci line 38.2.

Also, the RSI is just colliding with a support line of the past lows (green circles).

The RRR (risk-return ratio) used here is 1:10 (means for 1 EUR risk you can get 10 EUR profit).

If you like my indications, feel free to follow me.

Kind regards

NXT2017