EURJPY SHort
chessnut gave me a heads up to EJ current state
After TA i really like the completion of the B wave with an ABC ZZ on a higher degree as we build for the C leg down
We have fib confluence on A leg = C leg on the zig zag of lower degree and Wave 1 = Wave 5 on the impluse (c) leg having eqaulity
Wave B looks to reatrace A (higherdegree) @ aprox 707 another good fib
Also nice dibergance on the final leg w5 (c) leg ;)
Ill get short 2 position and look for a rolling stop on the 2nd
Lets see if the EU has any steam left in it but i see EU setting up for a W5 on a few of the pairs
After TA i really like the completion of the B wave with an ABC ZZ on a higher degree as we build for the C leg down
We have fib confluence on A leg = C leg on the zig zag of lower degree and Wave 1 = Wave 5 on the impluse (c) leg having eqaulity
Wave B looks to reatrace A (higherdegree) @ aprox 707 another good fib
Also nice dibergance on the final leg w5 (c) leg ;)
Ill get short 2 position and look for a rolling stop on the 2nd
Lets see if the EU has any steam left in it but i see EU setting up for a W5 on a few of the pairs
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