EURJPY Setting up for Big move

By Wave-Trader
Updated
Hi fellows, I am expecting big move down on this pair. Price struggling to break up. If impulse appear to the downside then look for sell. In case price break up and continue to the up side then i will look for continuation to the upside but for that i need to see clear break up and violation of my structure. Good Luck fellows.
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Hi fellows, Price showing some nice price action under trend line.
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It is still with in the flat channel although this flat channel is a trend continuation pattern to the upside but if it breaks down with strong impulse then price will confirm the reversal although reversal is not confirmed yet so be careful fellows when you are looking to sell on this pair always try to sell at the top so that you can manage your stop loss well.... Good Luck fellows.....
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Although flat channel has broken but price is struggling to continue to the downside but price action getting stronger and stronger in the channel if price do not continue then one more move up is possible. i am watching it closely i will update about that good luck fellows.....
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Hi fellows it is showing some nice price action, my view is still to the downside here is the update only clear break up will continue the previous bullish trend .......snapshot
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Nice GAP is there. I am expecting nice fall...........
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watch for sell again at the top. In case clear break up then next bullish impulse may appear so trade with care.
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Here we got the EURJPY it has changed pattern and structure from bottom. If corrective wave appears then it can breakdown before hitting the top here is the update........!!!!!!!!!!!!!!!!!!snapshot
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The up move was corrective and broken down before hitting the upper trend line and coming close to the trend reversal point i will watch for price action over the trend line for next best opportunity here is the update fellows............!!!!!!!!!!!!!!!!!!!!! snapshot
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EURJPY Watch for sell at the top
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EURJPY Watch for trend continuation pattern on 15 minute.
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EURJPY Testing The Top again

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Elliott WaveParallel Channel
Wave-Trader

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