Shorting Opportunity Coming Up On The USDJPY (Cypher Pattern)
Sell at the 786 retracement of X to C. It is the completion of a Cypher pattern, giving a sell signal. The RSI is also showing that the pair is oversold. You can use other indicators to confirm the analysis.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.