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slosh4x

Bullish Cypher Pattern

Euro / Japanese Yen (FX:EURJPY)  
slosh4x Updated   
FX:EURJPY   Euro / Japanese Yen
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Bullish Cypher Pattern forming on the EURJPY.

The market is on a Bearish trend, so I believe targets will be on the 0.382 retracement of the CD Leg and expecting a continuation of the bearish trend.
Comment:
On a Weekly time-frame, we have a Bearish Peanant Pattern forming waiting for a break-out.
And Daily we have just reversed ranging to the Support of the Peanant Pattern.
So I guess the Cypher Pattern is a short term signal.
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