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TimStuyts
4 gen 2016 16:18

EURJPY made that expected move lower. Long

Euro Fx/Japanese YenFXCM

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I was looking for that last impulse lower as preferred scenario. Now I like to see it settle and consolidate for a reversal.
An agressive buy would be the Harmonic BAT buy at 88.6fib level @ 127.668.

The safest approach will be to wait for a 5 wave pattern higher followed by a 3 wave correction before buying EURJPY.
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