EURJPY Cypher pattern

FX:EURJPY   Euro Fx/Japanese Yen
Hi, this high prob trade is pretty good, I really like cyphers this one completes in a very logical structure levels.
Evenso, the Long term trend is bearish , but in a smaller timeframe we are getting higher high - higher closes. So I know that Many of you won't agree with me, but I call this type of trades ( Sideways-Counter Trend ) or ( Sideways - Trend )

This is because the higher timeframe has bearish trend , and the smaller timeframe is showing a bulish trend ( that bullish trend most likely to be just a higher timeframe pullback ), so my rules are a lil diferent with thouse 2 types of directional bias trades.

- Trend
- Counter Trend
- Sideways Trend
- Sideways Counter Trend

There most be a Technical name for this But I just don't know, so I name it my self :P :P :P

So Stops and target are in place, lets see what the market does :D

GL - HF.
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out