Roker1

Harmonic Trading on EURJPY

Long
FX:EURJPY   Euro / Japanese Yen
Hi guys,
this is a Cypher pattern that's almost completing on EURJPY 1H chart. The white line represents a previous structure level very important and in the daily chart the RSI is in oversold condition. Price has also created a nice pinbar on the daily chart as well.
These are the reasons why i'm getting involved with this.
I'm actually taking this one a little lower in order to get a better risk to reward ratio.
Stops below X, targets as usual for harmonic patterns .

If you want to share your thoughts or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Trade closed: target reached: First target hit! Stop moved to breakeven.
Trade closed: target reached: Second target hit! Wonderful!
Se sei d'accordo, lascia un mi piace! Grazie
Canale Italiano: https://www.youtube.com/c/MisterForexIT
Ultimo video: https://youtu.be/0rIFF-j4kdM

If you agree, like this chart! Thanks
My last (english) videoanalysis here: https://youtu.be/RUySg8LW6Iw