Analyticssage

EUR/JPY Elliott wave analysis

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Analyticssage Atualizado   
FX:EURJPY   Euro / Iene Japonês
It looks like an uptrend but I have some concerns.

I will post my concerns in the comment. don't rush to buy it.

first , in the 5 min chart the uptrend move dose not look impulsive so I am not sure if the correction is over or not
I need to see more evidence to buy the market
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we have a fibo cluster at 127 , I am expecting the price to get there

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5min chart
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don't buy or sell. there are several possible counts and all of them are valid
wait
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possible scenario if the channel gets broken
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seems it is all going as planned , I don't recommend buying the market as we are at the oversold area. wait for reversal
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I think the wave 5 is not complete as well, I will start looking for sell signals
Trade fechado: objetivo atingido:
Well I am gonna close this post here , I am busy next week but I will try to creat another post for the bearish count, I didn't buy this market although I was sure It will go up, it was risky. but I am gonna sell it for sure :)
have a good weekend :)

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