TradingView
AdamReid
Dec 15, 2015 10:42 PM

USDJPY Potential Cypher At Reversal Zone 

U.S. Dollar/Japanese YenFXCM

Description

IF price action pushes higher past our B leg of the cypher pattern THEN we can look to get short at the D point 122.79.
However IF price rolls over creating a new low & puts in a LLLC THEN the cypher pattern will be invalid and we'll look to the next trading opportunity.
FOMC news out tomorrow.
More