EURJPY is pulling back to 0.618 level

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Price is pulling back to 0.618 level in a clear channel.

We think that 0.618 level is a good spot to start the reversal.

Waiting the channel to be broken.

Thanks for comments and likes. Good luck.
Nota
istantanea
Price has reached the level of interest. Wait patienly for a reversal price pattern to form. Analysis is valuable only if your entry is good.
Nota
istantanea
Buyers are still in control. still waiting for topping formation
Nota
istantanea
Chart is looking more and more top heavy. Trend is still intact, shorts are still valid we just have to wait a liitle more.
Multiple Time Frame AnalysisSupport and ResistanceTrend Analysis

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