JPN225 - CTS Trade & Using the CORRECT Cypher Pattern Tool

٢ يوليو ٢٠٢٣

We have a nice little bearish CTS (Combined Technical Score) setup happening here on the JPN225 with price action currently trading at a previous level of structure resistance.

On the higher timeframe we already have a double top, with the RSI overbought & showing bearish divergence & on the lower timeframe we have the same setting up with the added bonus of an at market bearish Cypher pattern.

*We also take a look at why it's important to use the CORRECT pattern drawing tool when looking at Cypher patterns.

Please leave your questions & comments below & remember to show that rocket some LOVE!

Your Trading Coach - Akil