EURJPY – The Uptrend with the target of 128
In weekly chart, the wave of 2 / B has ended in the range of 94.11, the price is currently in wave 3 from point 3 / C.
( Weekly Chart )
In sub- waves of wave 3, the wave 2 is completed with a Diagonal pattern in the range of 114.39.
In the daily chart, with the completion of wave 2 in the range of 114.39, the first ascending wave in 3 is ended in the range of 127.07, and its retracement movement is finished in the range of 121.51.
(Daily Chart )
In the 240-minute chart and by reviewing the details, it is clear that the price is in the wave 3 of iii, which should be a long wave. The confirmation of this uptrend will be received by the price crossing the range of 126.73.
In sub- waves of wave 3, the wave 2 is completed with a Diagonal pattern in the range of 114.39.
In the daily chart, with the completion of wave 2 in the range of 114.39, the first ascending wave in 3 is ended in the range of 127.07, and its retracement movement is finished in the range of 121.51.
In the 240-minute chart and by reviewing the details, it is clear that the price is in the wave 3 of iii, which should be a long wave. The confirmation of this uptrend will be received by the price crossing the range of 126.73.
