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JeffreyShaverII

EURJPY Cypher CD Leg Forming out of Double Top

Euro / Japanese Yen (FX:EURJPY)  
JeffreyShaverII Updated   
FX:EURJPY   Euro / Japanese Yen
2
0
CD leg in process of forming out of a double top with bearish divergence. Wait to fill on my double top with retrace of double top to .618 for a potential 3 position trade.
Comment:
Another Cypher Forming with at entry level after double top adding another reason to short EUR/JPY. Taking 2 position, while taking 1 position off at .382 retracement of the cypher and 2nd position rolling stop to completion of D leg on first cypher. Will not take trade if it hit my entry level today. Will wait for market to reopen
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