We are still analyzing EURJPY. I shared a Daily view on this pair and it is linked to this one here. You can see it attached below.
The flag we are willing to trade could be an almost perfect 5 wave structure as you see in this chart.
Now it is all about being patient. In the next flag formation we will enter the trade.
As you see we did a short term trade lately. 130 pips in a 2 day trade!
Carlos
Trade active
We entered at the bottom of the structure forming up! Already in brake even, if we get the move finally we will be in nice profits. If we hit breakeven then will look for a new entry
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