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TheForexSamurai
Mar 10, 2017 3:14 AM

Short on the bear Cypher with confluences at extremes Short

Euro Fx/Japanese YenFXCM

Description

Hi guys we got a short opportunity here on the EURJPY. We got a potential bearish setup that will soon to complete at 122.22. We also got a visible bear Deep Crab that could extend between the 261.80% to 361.80% of its BC extension. We also complete a bear Alt-Shark pattern (purple pattern). Stops would be above our Cypher X point.

TP1: 120.69
TP2: 119.75

Trade closed: target reached

Target 1 and 2 was attained on our previous setup here on the EURJPY if you have taken the setup.
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