FX_IDC:EURJPY   Euro / Japanese Yen
Confluences are on the chart.

Confirmed downtrend with lower highs and lower lows
Looking like its reversing into 5th wave
MA crossover on 4hr TF
Rejection of long term trend line with tweezers forming on the daily TF

My tip is wait for the daily to close as a doji or spinning top . Stops above previous spike (122.090)
May 01
Trade active: This is still in play so long as the daily TF continue to close below 122.00
May 21
Trade closed: stop reached
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