EUR/JPY Cypher & Bat Pattern
EUR/JPY - Cypher & Bat Pattern.
On today's EUR/JPY 1hr chart we have a potential long opportunity at the D leg completion of the Cypher Pattern ( White ) 133.627
If price can break can complete between 133.977 & 133.117 we will also have a C leg completion of a larger Bat Pattern ( Pink )
Although 133.977 & 133.177 is a large PRZ zone, it is only a guideline of where we will be paying more attention for trade setups and opportunity's.
Potential targets for both the Cypher & Bat Pattern will be placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below / above X leg structure support / resistance.
UKForexSignals.com
On today's EUR/JPY 1hr chart we have a potential long opportunity at the D leg completion of the Cypher Pattern ( White ) 133.627
If price can break can complete between 133.977 & 133.117 we will also have a C leg completion of a larger Bat Pattern ( Pink )
Although 133.977 & 133.177 is a large PRZ zone, it is only a guideline of where we will be paying more attention for trade setups and opportunity's.
Potential targets for both the Cypher & Bat Pattern will be placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below / above X leg structure support / resistance.
UKForexSignals.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.