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Team_MonteCarlo
Nov 15, 2017 3:53 PM

EURJPY - ONE MORE RISE? 

Euro Fx/Japanese YenFXCM

Description

ELLIOT WAVE SUGGEST THAT A FALL TO WAVE 4 IS ON ITS WAY BUT WE WAVE A WIDENING TRIANGLE. DOES EURJPY STILL HAVE ONE MORE PUSH UP PAST THE TRIANGLE? LET ME KNOW YOUR THOUGHTS?
Comments
LotusTrading20
I think i get u. You mean does it bounce from point E once again, or falls through? I guess as the drawing profeces it may likeli get amother small bounce before falling over the cliff.
Team_MonteCarlo
@chocotraders, long term picture. and yes you are correct. patience is needed with eurjpy.
LotusTrading20
What do you mean past the triangle?
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