chrystael

SWEET BEARISH CYPHER PATTERN

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
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this is on a higher time frame so likely hood

a completed ab=cd pattern so the a likely 26-18 pattern to be completed for a reversal

PRZ for potential price reversal

perfect around 78.6% retracement and close to a higher time frame resistance

risk to reward ratio on board

nice entry

good luck

Comments

if i were you, when this market breaks the resistance level keeping it for now, i will go with the market either after a short term pullback to hit the resistance now support and the i ride or i just ride with it after the break above of this resistance level.

with reasons that a possible 26-18 trade is likely to play and will likely get filled at the entry of the potential cypher
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