theb0x

Weekly Bearish CYpher Pattern

FX:EURJPY   Euro / Japanese Yen
121 1 2
Observation mode, awaiting for a good setup for an entry , Market is already in PRZ zone.

Completely agreed. EURJPY is as we speak, testing the highs of 2009. Close eyes for possible double tops, Head and shoulders or bear ratio advanced pattern kicking in. Although I would not expect anything to appear today or even tomorrow because of the extended weekend at US. Also, bare in mind that if EURJPY progresses before the day session is closed, we might have a break above and close above which would invalidate the pattern and possibly put us in bull aware mode.

Best regards and keep up the good work
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