j_nathan

EUR/JPY leaning Short

Short
j_nathan Updated   
FX_IDC:EURJPY   Euro / Japanese Yen
As much as I enjoyed the last minute rally of EURJPY Friday those final minutes of fireworks may not have been quite enough for a reversal.

- Fridays candle did not exceed Thursdays
- the majority of 1day indicators still begging for a lower price to truly stabilize this before a stable Bull run
- previous Bull Fib study remains our compass

Strong/sustained opening Sunday look for the .382 to be pushed through @ 121.1004
Weak/sustained opening Sunday look for the .786 to be tested @ 119.2194

There were a lot of last minute Long gambles put on the table Friday but the market Bear has not yet been confirmed as asleep through current 1day indications.
Comment:

they say if you stare at a chart long enough patterns will form, legit or not

Im done with this one for now
getting excited for another study on WTI Crude

enjoy
Trade closed: target reached:
some beautiful moves down and back up in the 120.30 to .618 range

hope you made some pips

I think we are getting long in the bear tooth, possibly
article 50 is one major wild card but the technicals looking tired out


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