ew-forecast

EURJPY Divergence And Elliot Wave Suggests Coming Reversal

FX:EURJPY   Euro Fx/Japanese Yen
EURJPY             is bullish for the last two months but this could come to and end in coming days or weeks, because we can count five waves up on the 4h chart. Besides that we also see a decreasing bullish momentum on the RSI , while the price can be forming a wedge pattern in fifth wave. This refers as an ending diagonal in Elliot Wave Theory which can cause bearish turning point, possibly from around 137.

http://www.ew-forecast.com
Sign Up For A Crypto Currency PDF. report >>> https://goo.gl/j684B5 <<<

BTCUSD VIdeo Analysis >>> https://ew-forecast.com/newsletter/video_update_btcusd_nzdusd_and_crude_oil_

EW Service, Trial Offer: 1€ for 14 Day >>> https://ew-forecast.com
yes the comination of divergence and an ascending wedge formation suggest a breakout to the downside will come soon would prefer it to complete the 5th wave pattern
Reply
IvanLabrie PRO MarkLangley
It looks complete already, don't you think Mark?
Reply
yes it proved to be that way this chart a few months old and it did move lower !!
+1 Reply
Excellent.
+1 Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out