Bearish Cypher Pattern on USDJPY Hourly chart.D point has stopped in a resistance point making the reversal stronger.Stop loss should be placed in the next resistance point and target 1 is at 38.2 fib level,target 2 61.8 fib level.
Trade closed: target reached:
Target 1 fib 38.2 level reached,also 50.0 fib reached and it reversed there.