649bruno

EURJPY: Short Term Upside Move

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FX_IDC:EURJPY   歐元 / 日圓
3
A buy Fractal was generated at 114.67 (highlighted in box).
At this point in time the phase energy (lower top indicator) went positive.
RSI / Stochastic (top indicator) followed.
5/34 momentum (top middle) went positive.
The CHOP (indicator below chart) went to bottom of shaded area, indicating a strong short-term trend.
Upside target is 118.464.
Please note: Daily chart is in sell mode. Last pivot swing down on daily chart is current upside target: 118.464.

Good luck to you. Don.

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