KalinPPetkov
Short

EUR/JPY 4 Hour Bear Cypher

FX:EURJPY   Euro / Japanese Yen
167 0 1
I cant say I am not pleased with today's price action after GDP announcement. I had a 1 hour chart Cypher pattern in Orange that complete in "C" on my aggressive entry. Right now I am looking at two possible opportunities.
1. In short term( maybe over night Asian session) quick retrace of the high of the day in to the red sup/resist zone and them bullish continuation to complete at the bigger 4 Hour Cypher at "D" ( in Black )
2. If Asian market fulfill its destiny I think it will carry the emotional bias of the day and complete The 4 Hour Bearish Cypehr pattern "D" where I would look for confirmation and a Short Entry by tomorrow morning.
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