KalinPPetkov
Short

USD/JPY 4 Hour Chart

FX:USDJPY   U.S. Dollar/Japanese Yen
194 2 4
Looks like picture perfect Cypher patten with "C" hit at 1.414 fib.ext. of "XA" leg. Also double top and strong Daily Sup/Resist area. Target one at 0.382 fib.retr. and target two at 0.618 of the whole "XC" move. Stops above 1.618 fib.ext. of "XA" impulse leg. All in confluence with over all long term bearish trend .
High probability trade this one....
snapshot
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KalinPPetkov HamzaLeith
It's what I am looking for too. Thank you for the encouragement.
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