EURJPY Elliott Wave 5

21 Tem 2017

Wave 4 has been confirmed.

Hunting for a top, current 1.618 retracement @ 130.468

Final Wave 5 target is 107.023 (clone of Wave 1)

If the pair exceeds 130.468 Wave 5 target will be adjusted.

22 Tem 2017

Not

even though EJ had a down session I am not convinced it is Bearish just yet

we remain in a Bullish channel and many trades I've gone long have been rejected at key crosses on the 4hr, for an example check the SPmini 4hr today, the 4hr was about to swing down and the market held and retraced back up strong

lets see how EJ fairs on the 4hr come Sunday open
cheers!