EURJPY - Time for further downside movement?
Traders,
Its been a while since i published an idea. But i found some time the coming months to publish and share some more idea's ;).
EURJPY 0.08% broke down of the support finally at 27 February. Now I consider short opportunities using harmonic pattern .
I catched this cypher pattern on the 4H chart. It looks like we can get bearish divergence also.
Lets see if this pattern completes
Target taking:
- First target : 130,211
- Second target : 129,365
Stoploss
- 132,316
Its been a while since i published an idea. But i found some time the coming months to publish and share some more idea's ;).
EURJPY 0.08% broke down of the support finally at 27 February. Now I consider short opportunities using harmonic pattern .
I catched this cypher pattern on the 4H chart. It looks like we can get bearish divergence also.
Lets see if this pattern completes
Target taking:
- First target : 130,211
- Second target : 129,365
Stoploss
- 132,316
Comment:
We did not yet hit the 786 retracement. just 3 pips ;) lets wait for a valid entry
Comment:
Price hits the 786 level. lets wait for a entry signal
Trade active:
Entry at 131.359
Trade closed: stop reached