The Euro Japanese Yen intraday.

Good morning Dynamic Traders,

Today I thought I would get an earlier posting with a possible opportunity on the EURJPY on the hourly timeframe for you intraday traders.

This is looking like a good long position for an intraday trade.

Price has recently risen through and fallen back to a strong figure.Although it did come back through this area it fell to inbetween breathers and an extension cluster although another cluster does lie south, and it is currently tackling the V.I.

I have just entered this with an aggressive stance and will manage accordingly.
Hopefully it will prove profitable and AdvancedGet is showing a Wave 4 count which does comply.

As always please do your own analysis before trading.

Charts courtesy of AdvancedGet.

Hope you have fun today and good luck.

Clayton Farnworth.