CurrencyWaves

Looking for 102.5 on #EURJPY before higher.

Short
FX:EURJPY   Euro / Japanese Yen
Looking for 112.50 in wave C of Y of {B} before higher in {C}, I am looking at a possible triangle on the larger time frame.

the dropin wave A sent the RSI to below 20 before spiking up to resistance at 62. I will be looking for divergence above 30 on this C wave down for a possible long.

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.