CAD/JPY - Bearish Cypher
Here we see CJ on the 4h TF
A bearish cypher is awaiting completion at D leg and at completion point the price would retest the daily TL as well as the ichi cloud which suggests it is highly probable for the price to move down at this point to targets
First Tp is set to 0.5 fibonacci level and the second Tp (dark green box) is at structure level
The SL is just above X leg
A bearish cypher is awaiting completion at D leg and at completion point the price would retest the daily TL as well as the ichi cloud which suggests it is highly probable for the price to move down at this point to targets
First Tp is set to 0.5 fibonacci level and the second Tp (dark green box) is at structure level
The SL is just above X leg
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