kill5hot
Short

USDJPY Bearish Cypher Pattern

FX:USDJPY   U.S. Dollar/Japanese Yen
33 2 0
on 1 hour chart we can see a bearish cypher pattern on Yen where D completion at 121.722. First target at 121.312 and second target at 121.060 stoploss is from X point+10 pips which is 122.100. Have a nice trade
ZackForex PRO
2 years ago
Invalid Cypher, A-B leg breaches the 0.618 retracement. Recheck your rules.
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Cypher's B must not touch 0.618XA, and it's C must touch 1.272XA. If these criteria haven't been met, then it's not a cypher pattern. May be it's a "FadlyAlfattah's pattern?"
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