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XavierAlexander

EURJPY POTENTIAL SELL H4 WEDGE - HIGH PROBABILITY OPPORTUNITY £$

Corto
Euro/Yen japonés (FX:EURJPY)  
XavierAlexander  
FX:EURJPY   Euro/Yen japonés
euro jpy EJ yen short Fibonacci Wedge levels support Support and Resistance suggested
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2
euro jpy ej yen short fibonacci wedgepattern levels support supportandresistance suggested
Quick clean idea on EURJPY.

Drawn Support and resistance based on structure, wedge tightening.

Fibonacci retrace level shows 61.8% reversal possibility occurring from last months High/low point.

Commodity channel index also heading south after being heavily overbrought

Seeking entry between 136.350 - 136.450 watching smaller TF's play out before commitment.

First target - 135.095
Second target - 133.400


Good Luck and Happy Trading :)

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XavierAlexander
EURJPY POTENTIAL SHORT OF THE WEEK - HIGH PROBABILITY SETUP £$
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