EURJPY trend change

OANDA:EURJPY   Euro / Japanese Yen
Hello friends here is an classical of an trend change, this is an informative example, please read all details in the chart.
Waiting of a re-test of 0.236 % fib level and looking for continuation to 127 price on EJ. Also the divergence was indicating in a trend change.

Trade closed: target reached


Am expecting a drop almost to fib 38.2 (around price 121.000)...lets see how it goes
+1 Reply
CryptonikLion Billion_Pips
@Billion_Pips, Yeah of course it could be, but i see a higher probability to retrace only to 0.236%, if it will retrace to at least 0.236%
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