On EURJPY we can see a potential bullish Cypher pattern. Be careful as the price can also extend up to the daily trendline.
Good Luck.
Good Luck.
Comment:
Daily Picture
Comment:
As anticipated price completed the Cypher and exceeded the X leg of the pattern by 6 pips. So with the break of X leg and very near to daily trend line plus the divergences on 60 min, the wave looks completed and ready for the upside. If you are not in the trade wait for correction before going long.
As anticipated price completed the Cypher and exceeded the X leg of the pattern by 6 pips. So with the break of X leg and very near to daily trend line plus the divergences on 60 min, the wave looks completed and ready for the upside. If you are not in the trade wait for correction before going long.
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