EUR/JPY: DOWNTREND | FIBONACCI ANALYSIS | SHORT SETUP 🔔

On 28 Jun the EUR/JPY market did the third top before starting its decline to the downside characterized by a Pullback on 61.8% Fibos level and Swing low decrease higher and lower. I drew an ABCD pattern projection which probably will be completed with the 4 leg, the D point. Price level 135.500 is our target with entry at 138.000 below the last local lower. Our vision's clearly bearish. What do you think about it?

Komentar: