Kjetil_Johannesen
Short

AUDJPY Short and Long opportunity

FX:AUDJPY   Australian Dollar / Japanese Yen
A nice bearish countertrend opportunity here, and a potential Cypher .
The textbox explains the rest.

Will be taking traditional AB=CD targets.
Trade active: Got filled on the bearish Cypher.
Haven't got a valid entry signal yet, but now we have a potential bearish Cypher forming on the 1H chart.
The bullish Cypher is now invalid as price closed above 1.414 extension.
snapshot
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