USDJPY - Potential bearish cypher pattern
Bearish cypher pattern completing up around 113.925. I will be watching the daily for signs of a reversal once price reaches that level (RSI divergence and/or candlestick pattern) then look for a short entry on a lower timeframe.
Trade active
Trade closed: target reached
Target #1 hit.Target #2 is 110.513
Trade closed: target reached
Target #2 hit
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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.