USD/JPY - 1h Chart - Cypher & Gartley Pattern

USD/JPY - 1h Chart - Cypher & Gartley Pattern

Cypher Pattern - Pink
Gartley Pattern - Grey

Price is now approaching the D leg completion of the bearish Cypher Pattern at 120.904.
There are 3 potential targets available for the Cypher Pattern.

1. 0.382% retracement of the C to D move - 120.329
2. 0.618% retracement of the C to D move - 119.971
3. Awaiting price to fall to the D leg completion of the Gartley Pattern - 118.887

Although advanced and harmonic patterns are based purely of price action, we always should be cognizant of the JPY data which will be released at 00.50 GMT

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