EUR/JPY - The donwside is still dominant

EUR/JPY the downside is still dominant

I'm still looking for blue wave v to move lower towards 137.69 and possibly even lower towards 136.67 as long as minor resistance at 138.51 protects the upside. that said, we have to remember that blue wave v and red wave iii have fulfilled all requirements and that a flat shallow red wave iv correction should be expected soon.

Longer term I'm still looking for lower levels towards the 23.6% corrective target of the rally from 94.10 to 145.69 at 133.52 as a minimum target.   

Duane
2018-03-03
Hey EWS,

I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.

Duane
Felipe
2014-05-26
Hi,

I recently tried a 30 day membership and I am very happy with the service. Pls keep up the great work!!! I will continue renewing!!

Felipe
Darryl
2014-09-14
Love the good work, most accurate I’ve found in my research. Darryl