Aleksandar_Rose

EURJPY - Bullish Cypher

Long
FX:EURJPY   Euro / Japanese Yen
Price failed to make a positive test and closing above previous structure level on EURJPY 1H. By doing this price is setting a potential Bullish Cypher Formation - this will be nice counter trend trading opportunity.

Entry @ 116.28
Stop @ 115.03
Initial Target 1 @ 117.37
Initial target 2 @ 118.05

Good Luck!

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