Last week i posted an idea about my view on USDJPY
(there is a link below) showing that this pair is bearish
. For those who want to trade this pair with a smaller stoploss, there is a cypher pattern
which is about to be completed. Having in mind that this market is about to sell off this pattern gives us a high probability setup.
Stoploss and profit targets as shown at the chart. If price reaches the first target we should move stoploss to breakeven to the second one.
Likes and comment if you agree!