TomHall
Long

EUR.JPY - BULLISH CYPHER SETUP @ MARKET - 116.628

FX:EURJPY   Euro Fx/Japanese Yen
22 days ago
On the EUR.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 116.628 & 116.442
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into the 117.335 resistance level
Stop loss would be placed below X leg structure support.

Target 1 - 116.954
Target 2 - 117.160
22 days ago
Trade closed: target reached
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lencanoot
22 days ago
Didn't you get stopped out?
Reply
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