EURJPY - Top In Place! Catch This BIG Swing!

EURJPY recently completed an ending diagonal where we had a truncated 5th wave. Now that we have the top in place, we can look for shorting opportunities below "The Top".

Please note that we could be making a complex ABC correction for wave 2. If we do, we'll have another chance to catch the move down from the place indicated on the chart.

Trade idea:
- Watch for breakdown of the current correction
- Entry on break of red trendline
- Stops above correction. Safer stops above "the top"
- Target the recent lows 138 (700pips)

Goodluck and as always, trade safe!


Possible complex correction: