FX:AUDJPY   Australian Dollar / Japanese Yen
A potential bear cypher advanced formations is setting up. It is seen by atr(2.5, 30), pips(380) and percent(0.5%) reversal algorithms. All three algorithms are the oldest ones and are frequently used by classic chart pattern traders.

If you have this pattern in your trade plan then...

Sell in 80.04-80.48 zone. if the zone is crossed then the pattern didn't work. first target is 79.66, second target is 79.42. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).
Comment: missed the entry by few pips on audjpy but was lucky to be triggered on nzdjpy with similar trade: http://prntscr.com/l9skn8
This pattern was found by the MPS-v5.5 pattern recognition software: https://mps-trade.com

My YouTube channel: https://www.youtube.com/user/alexniquitos/
Thanks for sharing, I agree with your bearish view on AUDJPY, and RSI is facing bearish pressure as well.
wow , just wow , congrats
Sharecrazy Sharecrazy
@Sharecrazy, sorry i see you missed out ,but hey its working
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