EWA
Short

Bullish Cypher Pattern

FX:AUDJPY   Australian Dollar/Japanese Yen
Cypher pattern completed and another cypher pattern setting up in smaller time frame.

I Break this trade into 3 targets

Target 1 - 38.2% retracement of the cypher pattern which also close to 78.6% D leg (Smaller cypher pattern )

Target 2 - I always set target 2 at 61.8% for cypher pattern

Target 3 - Other side corrective wave 4 is on progress (ABC flat correction ) wave A just completed and expecting wave B to be completed at 91.95 area which is 90% of the whole A leg

Have a Good Trading Week!!!
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