EURJPY Technical Analysis May 17/2019 EURJPY can be possibly forming a bearish Gartley pattern. A Gartley pattern is a continuation of trend market pattern. This market pattern must form within a trending cycle and should never be traded if it forms at the beginning of a new trend cycle. The Gartley market pattern needs 5 […]
Elliott Wave View: EURJPY Should Extend Lower
$EURJPY has ended cycle from Jan 2019 low, and pair can be in early process of turning lower. This article and video explains the Elliott Wave path.
EURJPY : Trading Elliott Waves with Market Patterns
EURJPY Technical Analysis March 5/2019 EURJPY SELL/SHORT Trade : Elliott Wave count for EURJPY shows wave ((a)) completed starting from the March 1/2019 highs and has since corrected higher to terminate possibly the wave ((b)) at the March 5/2019 high. Using Market Patterns together with a working Elliott Wave count allows traders to get more […]
Elliott Wave View: EURJPY Rally Should Resume
This article and video explains the short term Elliott Wave path in EURJPY. Pair shows a bullish sequence from early January favoring more upside.
EURJPY Possible Breakout Lower?
EURJPY Technical Analysis February 18/2019 EURJPY SELL/SHORT Trade Setup : EURJPY is forming a bearish Head and Shoulders market breakout pattern. Price at the moment seems to be respecting the 50 Moving Average which can signal for more downside. Traders should watch for a break below the green SELL breakout trend line. A good break […]
EURJPY Elliott Wave Analysis: More Downside Expected
EURJPY short-term Elliott wave analysis suggests that the decline to 129.13 low ended Minor wave A. The internals of that decline unfolded in 5 waves impulse structure in a lesser degree cycle. Thus suggests that the pair can be doing a Zigzag correction lower. Up from there, a bounce to 130.18 high ended Minor wave […]
