$EURJPY- Bear flag Break? | Marketfy

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$EURJPY- Bear flag Break?

By Pro Act Traders — Author

Currently weare at 130.07 in a fifth wave bull run. There is a possibility that thisis a head and shoulders on the day chart which would be bearish. Weare looking for a continuation to the R6 @ 131.07 with the overall target atthe day chart top @ 133.82. The averagedaily true range (ATR) for the pair currently is 126 pips.

Posted to Introduction to Forex Targe… on Jul 08, 2013 — 8:07 AM

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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member

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