Fib retest of 78.6% which correlates with zone and weekly high. Roll into 120.000's, breaking the weekly of 122.400. ⛲️
EURJPY broke out short last week from it’s recent ranging channel. Looking for further opportunities to short the continuation. This pullback needs to end before entry. Waiting on the price action.
I see a trend line break and retest, before crashing to 124.000 breaking all levels.
Huge head and shoulders formation on EJ, Target is 122.400
EJ 78.6% fib retrace to liquidity level, then short.
78.6% retracement (reversal zone) then tank.
Fib 61.8% or 78.6% retracement, then short into next zone.
EJ will have one last stab at liquidity region (fulfilling fib retracement) before fall.
EUR/JPY SHORT OPPORTUNITY (4 HOURS):
EUR/JPY SHORT OPPORTUNITY (4 HOURS):
EUR/JPY SHORT OPPORTUNITY (HOURLY):
JPY has taken a beating over last week. Maybe is its turn now as its whops EUR Well I see a Bearish Gartley on D1 Follow @bizlus
FX:EURJPY is Around the Support of 128.36 on the 4 Hour Chart. If it pierces through, that signals a Short on the Pair. Stop Loss: 129.40 Take Profit: 127.30
Eurjpy marked an engulfing pattern on a monthly chart, one of the best simple techniques to determine a trade. i suggest to wait for a pullback so that stop loss would be acceptable. shorts may be targeting 118 at first then 113. good luck!!!!
sell @ 115.845