U.S. Dollar / Japanese Yen

Short

potential bearish cypher pattern + structure

By VasilyTrader

Updated

snapshot

hey guys,

on dollar yen we have almost completed bearish abcd pattern.

looking left we see that the pattern completion point matches perfectly with significant resistance area looking left.

as the market enters this zone I will be looking for confirmation to sell the pair.

the initial target is based on structure.

good luck!

Comment

Entering selling zone

Comment

consolidation inside a selling zone

Trade active

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