Bullish Cypher Pattern forming on the EURJPY.
The market is on a Bearish trend, so I believe targets will be on the 0.382 retracement of the CD Leg and expecting a continuation of the bearish trend.
The market is on a Bearish trend, so I believe targets will be on the 0.382 retracement of the CD Leg and expecting a continuation of the bearish trend.
And Daily we have just reversed ranging to the Support of the Peanant Pattern.
So I guess the Cypher Pattern is a short term signal.