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trkgrant

eurjpy short, double top forming

Euro / Japanese Yen (FX:EURJPY)  
trkgrant Updated   
FX:EURJPY   Euro / Japanese Yen
Wave Analysis Double Top or Bottom Double Top
1
0
waveanalysis doubletoporbottom doubletop
double top forming at 618 bounce
check for divergence at the completion of double top
follow arrows up then down to about 127.600
over 100 pips
Comment:
turnt out to be forming head and shoulders and not a double top, but boy did it plunge as mentioned, over 80 pips now, making it's way to TP1 now .
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