DayFarrell

USDJPY PSUEDO-CYPHER IN PLAY

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Ii called it a psuedo-cypher because it doesn't exactly fit the ratio for a cypher, however if completed it's still present a nice trade opportunity. I'm watching the pattern along with the channel that has developed, a penetration of this channel line lower will put me in play for the pattern while a penetration upwards will negate this set-up. Let's see how it plays out.
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