USDJPY: Bullish Cypher
USDJPY could validate a bullish cypher pattern next week. X and D point are in structure area which was respected in the past. Entry point is around 112.821, target 1 & 2 are as well respected S&R zones.
entry: 112.821
s/l: 112.199
t1: 113.546
t2: 113.985
The overall picture is a ranging market while the market is in an up move. Possible that the market is testing agin the S&R at 114.456 which could be t3.
entry: 112.821
s/l: 112.199
t1: 113.546
t2: 113.985
The overall picture is a ranging market while the market is in an up move. Possible that the market is testing agin the S&R at 114.456 which could be t3.
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.