PrinceNtise

Backtesting of Cypher and a potential bat

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen
On this chart i've spotted two pattern 1-Bearish Cypher which has already hit our TP1 still has to hit TP2. However the price might go up to for a double top before shorting the market, that might be our chance to enter the trade again only if it Goes back up to the entry point for the Double top of which it will form the doubletop because of the 50% RETRACEMENT.
Im waiting on the full formation of the Bullish Bat pattern entry at 102
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.