DanielKjoelstad
Short

Strong breakout of triangle formation, more downside expected

FX:EURJPY   Euro / Japanese Yen
49 0 5
Expecting price to move more downwards within the bigger falling wedge of the weekly channel (purple).
Comment:
snapshot


Consolidation. More downside ahead with strong resistance above at fib 0.382 correlating nicely with the lower leg of the triangle above.
Comment:
snapshot


Long term perspective. First interesting zone on above chart is 11.50-11.10, which is the fib 1.1618 (golden mean) and possible end of wave 3 on my proposed impulsive wave pattern.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out