Possible short term buy on EURJPY

2019-11-08 15:39:12

Good morning everyone,

I would like to share this trade idea with you.

EURJPY is consolidating for possibly going for one more wave up and finish wave C inside the bigger correction. Expecting wave C to, at least, equal the size of wave A inside the correction.
After that, a move down can be expected, most probably in the form of na impulse. However, since this kind of structure still is not 100% clear to me, I will keep this post updated.

Feel free to comment and share the post.

This analysis is NOT an investment recommendation, but simply an idea from a passionate self taught market enthusiast.