nelsyboy

EUR/JPY FIB IDEA

Short
FX:EURJPY   Euro / Japanese Yen
I published an idea on 12th June to SHORT this pair as part of a mini ABC pattern. That has come to fruition but what next. Trying out my new use of the FIB tool, I think that the ABC retrace has come down with such momentum, that further waves down will continue to the 76.4% retrace. It's already hit the commonly hit 50%.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.