posted byfx360 1110 days ago
in EUR, JPY, Dailymade popular 1110 days ago
The EUR/JPY has dropped over 400 pips in the past 24hrs since topping out at 134.82 just after Sunday's open. This has established what could be point C of an emerging Gartley pattern which could take prices all the way down fib convergence near either point D (see daily chart). In other words, this doesn't suggest that prices will go down