zorrays

EURJPY - SHORT - WEDGE + 5TH LEG ELLIOTT WAVE

Short
zorrays Updated   
FX:EURJPY   Euro / Japanese Yen
BIAS: Short

1, Wedge Pattern
2, Currently its on the 4th wave of this impulsive wave and we are looking to catch the 5th and last impulsive

I would ideally get into this trade after it breaks and closes below the pattern, ideally I would want to see a daily closure.

Targets are based on Fibonacci Cluster
Comment:
TP 1 Reached

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.