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KlejdiCuni

USDJPY:Potential Bullish Cypher pattern

Long
U.S. Dollar / Japanese Yen (FX:USDJPY)  
KlejdiCuni Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
17
2
Potential Bullish Cypher pattern on 240 min. As the market is very volatile i would prefer the price to retest the red box before considering any buy, because that is place has served as a strong support zone several times.
Good Luck.
Comment:
snapshot

Cypher pattern almost completed. Be careful as the wave is overextended and looks with double possibilities.
After price will reach 38.2% fib of CD leg of Cypher it's better to close some profits and place to BE the other part of the positions and let it run for the upside.
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