MRamos

4H Cypher

Short
FX:EURJPY   Euro / Japanese Yen
1
THIS HAS ALREADY HIT FIRST TARGET, 128 PIPS. MOVE SECOND TARGET STOPS TO BREAK EVEN. WE ARE NOW IN A RISK FREE TRADE WITH 128 PIPS IN THE BANK.

Hello,
We have a nice Cypher setting up. with good ratios.
On the Daily chart there is no break of structure to the up side, and the RSI is showing
divergence. So dropping down to the 4H time frame we also see RSI over bought. ( I would like to see
Divergence here as well if we enter).
There is good RR.

Thank you.
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