EURJPY Short
Over extended 5th Wave. Substantially shot up through the End of Wave 5 Projection (from previous analysis).
Potential for an ABC pattern to follow. The B Wave as pulled back quite far but without going past the beginning of Wave A so trade is still valid.
Potential for an ABC pattern to follow. The B Wave as pulled back quite far but without going past the beginning of Wave A so trade is still valid.
Note
Stopped out of trade. Stop loss hit.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.