trkgrant

eurjpy inverse head and shoulders, long

FX:EURJPY   Euro / Japanese Yen
EurJPY is set to run up.
Inverse head and shoulders looks to be complete
looking for price to break the 128.85
then retest and continue up to complete wave 3
looking for price to go up to about 129.400
follow purple arrows...
check currency strength to make sure Eur is strong

confirmations:
inverse head and shoulders
check currency strength at point of retest
classic elliot wave structure
(And whatever confirmations that you trust) please feel free to share.
Comment: price has broken the 128.85 mark
EurJpy is almost ready for a buy
wait for retest of 128.85
Usually The head in a head and shoulders is the first wave. As I re-evaluate, I realize... EurJpy is consolidating...
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