USDJPY - Bearish Cypher

FX:USDJPY   U.S. Dollar / Japanese Yen
I have several trades on my radar today . I'm gonna present to you one of my favorites - Cypher Formation.
This week USDJPY             is friendly with me giving us another Cypher - we got 2 winning cypher , I hope we will get another one.
Look left and you will see nice bearish trend - so I'm only looking for hopping into bearish trend . While I'm waiting price formed a potential bearish cypher - I got my entry reason.
Once I got filled my 1st target will be conventional and for the 2nd target I will be shooting for retest of NSL             because of that trending action.
Good Luck!

If you'd like to see more good trading ideas from me, click the "Like" button!
This pattern invalidated but there is an opportunity yo go long on this pair with a bat pattern at previous support.
You're correct, but unfortunately price hit stop level on that bat pattern.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out