OANDA:EURJPY   Euro / Japanese Yen
We have a potential wave setup forming on EURJPY. Leg one formation from 124.287 to 123.169 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price down to 123.169 (our entry point) we will begin adding our buy positions on the asset and take half profit from 1124.287 as well as locking in the remainder of the trade at B/E (123.169). Our profit target for full liquidation is at 124.982.
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