Cypher Pattern is Taking Shape !! Take Long Position on FX:EURJPY My Stop Loss and Take Profit is on Chart !! Take Your Accordingly Happy Hunting ;)
4 H Symetrical trilange breakout 1 H Ascending trilange trend continuation if break above resistance opinions welcome
We can short EURJPY for the following reasons. The Primary Wave 2 is completed thus we are potentially seeing wave 3. Wave 3 cannot go higher than wave 2. The price is also approaching intermediate wave 2 where it should terminate and start wave 3. Again wave 2 cannot go over the area of starting of wave 1. It is a hat-rick because minor wave 2 cannot cross...