NTrading
Long

EURJPY still in correction

FX:EURJPY   Euro Fx/Japanese Yen
30 0 1
In EURJPY             we were expecting an impulse wave to the bottom. but as you saw we were getting small candles instead of a sharp one. So range is still active, we do not consider small correction as impulse. Impulse is a sharp wave.

However it seems we can expect a break above if we consider the first impulse wave is UP (my 2 sharp trendlines )

Wait for breakout and there will a big move (do not know the direction till it happens). Do not think about where the direction should be, think about the breakout, when it happens we will see the direction

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