EURJPY Technical Update
Technical Analysis Chart Update
EUR / JPY ( Euro / Japanese Yen )
Time Frame - H4
According to Long Time Frame #LTF - Daily , we have Correction in " Rectangle " having " ABC " corrective waves
It has completed " B " corrective wave and it has to Follow sell trend to complete its " C " Corrective wave
We have " BULLISH CHANNEL " in Short Time Frame #STF - H1.
If it Rejects from the Lower Trend Line then Buy
If it Breaks the Lower Trend and Retest then Long Term Sell
According to ELLIOT WAVES in #STF it has completed " 12345 " Impulsive waves and " A " corrective wave
EUR / JPY ( Euro / Japanese Yen )
Time Frame - H4
According to Long Time Frame #LTF - Daily , we have Correction in " Rectangle " having " ABC " corrective waves
It has completed " B " corrective wave and it has to Follow sell trend to complete its " C " Corrective wave
We have " BULLISH CHANNEL " in Short Time Frame #STF - H1.
If it Rejects from the Lower Trend Line then Buy
If it Breaks the Lower Trend and Retest then Long Term Sell
According to ELLIOT WAVES in #STF it has completed " 12345 " Impulsive waves and " A " corrective wave
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