USDJPY Bearish Cypher Pattern Formation @ 106.91 Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 9, 2016 7:26 PM

Doing my post market analysis and looking for potential set ups into tomorrow and came across this bearish cypher formation at 106.91

Also looking at a potential short on EURJPY if I can get an entry reason but I may shoot that in a separate idea.

Thought I would share this one with you guys.

See you in the Live room for tomorrow (FRIDAY)

Comment

⋅ Jun 9, 2016 7:29 PM

Filled at 106.91

Comments

LiselDaniel58

⋅ Jun 10, 2016 10:54 AM

She has been sideways for a few days now. Short @ 10696.7 10635 needs to be propperly broken. Nice chart :)

Cooke

⋅ Jun 9, 2016 10:15 PM

Mr G.
You think the retracement will still take us to the .382?

atalmhawes

⋅ Jun 9, 2016 8:01 PM

If you look at daily candle you may change your mind.

ifjgbela

⋅ Jun 9, 2016 7:48 PM

That was fast! :O I've spotted and traded that cypher as well...
Oh well...
Short memory, up for the next winner trade!

Tomas.D.

⋅ Jun 9, 2016 7:30 PM

on my radar to ;)