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FullTimeTrader
Nov 12, 2017 3:29 AM

EURJPY-H1-series of 1-2s confirms short bias Short

EUR/JPYOANDA

Description

According to my previous long term analysis this pair is making a big correction:

Looking at H1 chart we can see a series of 1-2s
Last move is an abc correction to the 0.61 fib level. We have a potential short opportunity here to join the downtrend or add positions.
Best regards
Comments
johnmad
This is awesome Elliott Wave Count and a very good example of someone that is devoted to trading as a business .
Thank you for sharing and check out USDJPY .

waterman
I too agree with this super analysis. But... nov15th is the cocluding day of german coalition talks and most probably a +ve outcome comes. That will block free fall of this pair.I think in that way too. Thanks
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