Hidden Scalping Code special indicator by Karl Dittmann free download. The currency since the beginning of the year lost more than 12.0% however last week rallied more than 1.5% and made a phase change, shifting from a bearish to a recovery phase. Last week the EURJPY rallied with a wide range and closed near the high week, furthermore managed to close above the previous week high, which suggests a strong bullish momentum. The stochastic is showing bearish momentum and is below the 50 mid line. Expecting an upward move to a Fibonacci retracement at 118.13 (scenario 1) on a break above the symmetrical triangle at 115.37 and a break above the Fibonacci retracement at 118.13 could push the currency further up to another Fibonacci retracement at 120.83 (scenario 2), however a bounce from the Fibonacci retracement at 118.13 may drag the currency back down to other Fibonacci retracement at 114.79 (scenario 3).