FX:EURJPY   Euro / Japanese Yen
Wave 5 about to commence. As wave 3 was over extending we will be expecting wave 5 to retrace at a double top, this level also marks weekly resistance level 1. All technicals looking great for this trade, the trend is up short and long term, above weekly pivot (up trend), CCI(14) above zero, price moving above Alligator, price pressure is positive. Entry look to buy once price closes above Alligator
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