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traderWgun
25 okt 2013 00:22

Ending diagonal 

Euro Fx/Japanese YenFXCM

Beskrivning

The euroyen is showing an ending diagonal formation (3-3-3-3-3).
A break below 132 would give bears control in the short term.
Kommentarer
traderWgun
We broke and retest lower TL and should now turn lower. also,
bearish hidden divergence and 5 waves up

ForceFollower
If it goes up again, there may be another opportunity to go short just above 134.
traderWgun
covering my #eurjpy shorts for +150pips, strong divergence and 5 waves down
will look to sell a 3 waves bounce
ForceFollower
Yes, I have also noticed that EUR/JPY seems to be exhausted going up...
Mer