Uce
Short

EURJPY Sell Setup Bearish Cypher.

FX:EURJPY   Euro Fx/Japanese Yen
109 3 6
EURJPY             in a bearish trendline progression. Price already tests resistance line twice. Using Fib retracements, price might possibly get to the 133.56 and see a potential downtrend retracement. For Binary option traders, i would suggest a 30 - 45 mins put option after seeing a good confirmation of a closing candlestick below the 133.56 priceline. Forex traders may short sell and take profit at the 132.9 priceline (possible upward retracement may occur). This is only a suggestion guys. Pls             feel free to add comments or opinions of any sort. Happy Trading.
C leg have not touched 127 extension
Reply
Uce Adil-khan
Yes. The formation isn't complete yet.
Reply
Uce Adil-khan
The idea is that if the c leg completes it will retrace downwards and possible have another retracement at the 132.9.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out