USD.JPY - Bearish Cypher At Market

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Currency pair - USD.JPY
Chart timeframe - 1hr
Area of interest - 112.383 & 112.590
Chart pattern - Bearish Cypher

Potential target 1 - 112.102
Potential target 2 - 111.935
Potential extended target - 111.823

١٧ أكتوبر ٢٠١٧

ملاحظة

Please be cautious in trading this setup, i would await more confirmation.

١٨ أكتوبر ٢٠١٧

ملاحظة

A double top is now expected with bearish RSI divergence.

١٨ أكتوبر ٢٠١٧

ملاحظة

This setup is now longer valid due to a break and close above the X leg