TradingView
james.diesel.03
Nov 12, 2013 6:11 AM

eurojpy 15 cypher sell. Short

Euro Fx/Japanese YenFXCM

Description

cypher at resistance level , the way i trade this if price breaks below close below blue trend line
and rsi 44 breaks below 50 line than i take short position and stops above the previous swing high rather than above x level for better risk to reward. target 1 at 382 and target 2 at 618 level.
or targets taken out when rsi 44 breaks above 50 line.
More