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Mikoxl.

Cypher long @ 118.91

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Mikoxl.  
FX:USDJPY   U.S. Dollar / Japanese Yen
Cypher breakout
2
2
cypherpattern breakout
Initial breakout failed of the the triangle. Now I wait for the price to retrace 0.786% of the initial breakout move at 118.916
At 118.916 I will go long with the completion of the Cypher pattern.
Since this setup is in anticipation of a real breakout, I will be shooting for extended targets at 121.62
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