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dthomas1992
Jan 29, 2017 4:48 PM

USD.JPY BEARISH CYPHER  Short

U.S. Dollar/Japanese YenFXCM

Description

ON THE USD JPY WE HAVE THE POTENTIAL FOR A SHORT AT COMPLETION OF THE CYPHER PATTERN
POTENTIAL TARGETS WOULD BE PLACED AT .382 AND .618 RETRACEMENT OF THE C TO D LEG MOVE

Comment

as you can see price is start to mirror the box on the left, and we should see a retest of the price zone before continuing in the uptrend
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