I'm looking for a strong bullish move for the EURJPY which should complete a daily ABC pattern with wave B currently close to its end. Although we saw a strong bullish momentum for the Euro after the last ECB press conference, the continuation lower is rather strong. Therefore I took a closer look at the possibility of a last new low to complete wave B. In terms...
I've been posting about this pair on twitter for a while and the first short was by means of a pending at 2.20. I'll be updating on tradingview from now on as well. I like to see a test of 2.00 for wave 5 of wave Y and next 1.98 which is the 50% fib ratio swing high/low. However lower time frames have to complete their structure first and we see 1hr time frame...