Oztrade

BEARISH CYPHER - STOP REVERSE POTENTIAL - EURJPY 60M

Short
FX:EURJPY   Euro / Japanese Yen
Hi All, I wanted to share a potential Stop Reverse Bearish Cypher for those who took the previous Bull Cypher. I posted earlier looks like it has hit our order entry and is into positive territory. +40 so far with only 2 minor structure levels to battle with.

You may look to extend your T2 if this plays out you could have a perfect opportunity for T2 and then entry into this bearish pattern.

I have noted standard targets in this chart.

Good luck and happy trading.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.