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DKrastev
Oct 21, 2016 9:38 AM

Potential Bearish Cypher on the 1H of EURJPY Short

Euro Fx/Japanese YenFXCM

Description

There is a potential Bearish Cypher in EURJPY completing at 114.15. Stop is above X, target 1 at 38.2, target 2 at 61.8. If price goes back to 114.15 it will be a good opportunity to get short and even ride it to the structure lows instead of the conventional targets of 38.2 and 61.8.

Order cancelled

The pattern did not complete and it is invalid now.
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