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amilajayawi
Mar 3, 2017 9:48 AM

Multiple Short Opportunites on EURJPY Short

Euro Fx/Japanese YenFXCM

Description

Cypher
Cypher

Trade active

Prize jumped right through the Cypher PRZ. Shark is active

Comment

On further analysis found that Shark actually completes at 0.886 fo XA which is 120.990. SL has to a bit above exactly at 113% extension of BC leg

Comment

**On further analysis found that Shark actually completes at 0.886 fo XC which is 120.990. SL has to a bit above exactly at 113% extension of XC leg.
TP at .618 of CD

Comment

The Shark and small cypher are not valid since wrong tool has been used

Comment

The only valid trade at 122.205

Trade closed: target reached

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