Euro / Japon Yeni
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EURJPY Near Heavy Resistance — Is a Reversal Starting?

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EURJPY(EURJPY) is currently moving within a heavy resistance zone(188.22 JPY-183.17 JPY), near the resistance zone(186.35 JPY-185.19 JPY)inside this key zone.

From an Elliott Wave perspective, it seems that an upward corrective zigzag(ABC/5-3-5) has completed, where wave C formed an ending diagonal.

I expect EURJPY to start declining from the resistance zone(186.35 JPY-185.19 JPY) and drop at least toward 183.43 JPY.

First Target: 183.43 JPY

Second Target: 182.35 JPY

Stop Loss(SL): 186.37 JPY(Worst)

What’s your view on EURJPY?

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📌Euro/Japanese Yen Analysis (EURJPY), 4-hour time frame.

🛑 Always set a Stop Loss(SL) for every position you open.

✅ This is just my idea; I’d love to see your thoughts too!

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First Target Done(183.43 JPY)

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.