EURJPY - LOOKS LIKE WAVE 5 IS DEVELOPING?

Güncellendi
Hi Lexer_88

Your EURJPY bias is very interesting.

Nonetheless, it appears to us that wave 5 is developing to complete a 12345 sequence of Elliott Wave Pattern.

Comments are welcome.
İşlem kapandı: hedefe ulaştı
Wave 5 Target 1 and 2 at 61.8% and 78.6% of Wave 1.

Risk appetite trade should be looking for Target 3 at 127.2% extension of Wave 3.
İşlem kapandı: hedefe ulaştı
Target 3 reached at 127.2% extension of Wave 2 equivalent to 61.8% retracement on Daily Chart.

This was one of the fastest moves on 5-days period.

Very interesting.
İşlem kapandı: hedefe ulaştı
Simple Awesome!

Price arrived at all 3 projected targets.

We look forward for Even more Bullish price action. Check updated Daily Analysis below.
İşlem aktif
Do we have an entry to activate continuation Bullish EURJPY towards Daily targets at price ranges: 123.754 to 125.753?
Well, let's watch how price develops.
Embedded is an updated EURJPY 4H on a Daily Bullish outlook.
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EURJPY DAILY  UPDATE Potential Bearish Shark Pattern developing?

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Time for retrace before the rally continue?
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