tommyb35
Short

Bearish Cypher w/ potential aggressive C - leg stop and reverse

FX:USDJPY   U.S. Dollar/Japanese Yen
137 0 2
Once again we have a Yen pair showing a potential advanced pattern . We have a bearish cypher that will complete at the 120.330 handle. The best part about it is, you have a potential trend continuation trade that is now setting up with the previous resistance being violated. If you want to be aggressive you can enter on the pullback into structure potentially giving you an entrance on the C-D leg completion and then you can stop and reverse. Whatever your trade plan is, if this falls into those rules, it could be a good opportunity.
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