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b.monteiro

LONG TERM SHORT

Short
Euro / Japanese Yen (OANDA:EURJPY)  
b.monteiro  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
W - Bearish - coming to a 3rd point touch and 61% Fib retracement . Target 112.740
D - Touching Res zone, Looking for a strong Reversal pattern with a Bearish engulfing CS, or clean break of Counter trend line.
Or we could see further up move to the 78% Fib for a fake out.
4Hr - Seeing a lot of resistance at 122.800. Created a Double top.
Long term SHORT

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