EURJPY This pair has a huge potential sell the breakdown

We are tracking this pair in our trading room since very long. This pair has a huge potential to the downside. If we have set for the reversal and this is the start of the fall then everyone should be in to this sell on breakout. Because after this we will not see the price on these levels again any time soon. We are having very nice impulse which you can call the 1st and after that we are having very nice flag. which you can call the 2nd wave of the big fall. So simply watch the breakout of this flag and let the big fall come over there. In case we dont see the breakdown and we see the change in pattern formation then we will analyse that pattern according to the current market conditions. Currently price has set for the breakdown so look for breakdown. Good Luck.

Note

Watch breakout fellows its trying to breakdown. If do not breakdown then look for sell again from the top. You can sell on the breakout but make sure break is strong before jumping in. we are already in from top. Good Luck.

Note

Price broken down but reversed so we are having change in price ranges the pattern still bearish. Watch top now.

Note

We are bearish on this pai for longer term.

Wave-Trader

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