EURJPY - Wave Analysis - Correction before impulse. Short

Euro Fx/Japanese YenFXCM

Description

⋅ May 1, 2018 6:19 AM

It broke uptrend pattern, and it's consolidating after RSI touched 30 lvl (Indicates a consolidation or reversal trend)

EMA 12 and 26 crossed, indicates change in trend.

It may correct to the next step in fibo, and then go down.