TBalint99

EURJPY pattern&channel&structure levels

Short
FX:EURJPY   Euro / Japanese Yen
4
First we can recognise a flag pattern (proof: rsi is in the middle point and the stem of the flag pattern ended at 0.318-0.5 retracements).
  • Cypher pattern's target overlapses the flag pattern's target
  • In the 5m chart we can recognise a gartley pattern which can be a proof of backtest to the zone
  • In the 1h chart it's a trend turning wedge pattern having an RSI divergence
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