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jarekd

CADJPY Short - Cypher Harmonic

Short
Canadian Dollar / Japanese Yen (FX:CADJPY)  
jarekd  
FX:CADJPY   Canadian Dollar / Japanese Yen
Harmonic Patterns Trend Analysis
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harmonicpatterns trendanalysis
Potential Cypher harmonic shaping up for short position on CADJPY.

My confirmations:
1. 78.6 fibonacci D-point
2. Quarter Point (84.500)
3. Past resistance at this zone

Hoping to see rejection of the 78.6 / 84.500 Quarter Point to suggest downward movement before entry.

My trade details:
ENTRY @ 84.500
SL @ 85.000
TP 1 @ 83.750
TP 2 @ 83.250
TP 3 @ 82.500
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