Shorting EURjpy

Hi Everyone.

I want to talk about a system i leant from a guru in Forex trading years ago.
The system is called BPC. That is one of the most reliable Forex trading system in the world once you can get it right
That is exactly what is happening with EURnzd and GBPnzd

The Proper picture of what is happening can be well seen on 4Hr Time Frame.The same is also happening on 1Hr Time Frame
A Spinning Top has been formed at a Support Level,so all things being equal we are hoping that the retacement is over and it will go back to the North (Continuation)
However if it goes back to the South and breaks the Support 1.77823 then we will get out of the trade.
So in short we have re entered the trade for again. And the Forex Mechanics are really working hard to see where these pair heads at the end of the day.

Shorting Eurjpy

Sell Stop At              129.600
Take Profit               129.580

So Enjoy Your Day