Canadian Dollar / Japanese Yen

Long

Cypher pattern starting to form

Updated

A possible Cypher pattern is starting to form, if price moves down from 89.19 and hits the 88.41 then I will go long on that pair (CADJPY)

Note

It looks like the C point just completed hitting the 1.272 on the Fibonacci extension.

Note

If it complete I will update with targets and stop loss

Note

oh forgot to mention to notice the daily support level at D point :-) giving it more confluence.

Note

This Pattern just got invalid so no trade.

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