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Oztrade
Sep 15, 2015 11:43 AM

BEARISH CYPHER - STOP REVERSE POTENTIAL - EURJPY 60M Short

Euro Fx/Japanese YenFXCM

Description

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.
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