EURJPY / D1 : Possible end of wave 3 to retrace back to 1

Of course the projected waves are speculative and requires the prices to react in the spotted zone which a multi wave cluster zone.
If the prices actually blocks there we will then probably have a two wave retracement and the overshoot pattern will very likely form a head a shoulder pattern to extend the correction to lower levels and pbly reach wave 1 overlap before being long again in the trend for a fifth final wave.

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