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rludvik

EURJPY - on radar for potential Cypher [demo trading account]

Euro / Japanese Yen (FOREXCOM:EURJPY)  
rludvik Updated   
FOREXCOM:EURJPY   Euro / Japanese Yen
Trend Analysis EURJPY
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trendanalysis eurjpy
On bellow bigger image we can see EUR broke above resistance two days ago with nice candle and performed a double top. How far will it pullback? Currently it is near 0.618 Fib level of last rise from support line. Let's see low low it can go. If it will come down to 0.786+ level, I'll be looking for trade setup.

Bigger picture:
snapshot

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Order cancelled:
B0rken, no trade setup.
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