anilmangal
Long

EURJPY possible wave count.

FX:EURJPY   Euro / Japanese Yen
4567 16 166
Let's see how this goes. If it breaks the top trend line I will be buying.
Please post a chart if you have a different view.


Comment: The Z wave is still not finished
Comment: Short term sell if you like, just be very careful since we have divergence showing then could be over soon.
Comment: THE POWER OF THE WAVES
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Another Great analysis! Thank you Anil
+1 Reply
Mmmm looks like there is another leg high… … if FRB rises rates in season Spring 2016.
+1 Reply
hahahahah what a move and love you anil and i salute your experience thanks
+1 Reply
2Months ago, and paying well ^_^
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126 -127 could be reached. Recently forex market is less liquidation it shows more 5 waves than before or shows more 1.618 extension in 7 waves. More like stocks markets.
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HI Anil, Could you advise if the downward WAVE A is a 5 wave or 3 wave structure
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eurjpy won't even reach 1.34, it's in a strong downtrend at the moment
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anilmangal ForexTimes
please post a chart to support your view
+1 Reply
nezyrinfx anilmangal


Anil, i would agree with you on that 78.6% fib target, but first i would possibly see it goes to around 128 before going up. I am waiting for hidden divergence signal on daily and weekly TF for this setup of mine :)
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TobKarl anilmangal


this looks reasonable ? im new to EW so please correct me
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