USD.JPY - Bullish Cypher Setup - 103.986
On the USD.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 103.986 & 103.767
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 104.710
Stop loss would be placed below X leg structure support.
Target 1 - 104.308
Target 2 - 104.507
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The price reversal zone on this pair is between 103.986 & 103.767
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 104.710
Stop loss would be placed below X leg structure support.
Target 1 - 104.308
Target 2 - 104.507
Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
Twitter: www.Twitter.com/Tom_H_Official