potential bearish cypher pattern + structure

Apr 1, 2019

hey guys,

on dollar yen we have almost completed bearish abcd pattern.

looking left we see that the pattern completion point matches perfectly with significant resistance area looking left.

as the market enters this zone I will be looking for confirmation to sell the pair.

the initial target is based on structure.

good luck!

Apr 1, 2019

Note

Entering selling zone

Apr 2, 2019

Note

consolidation inside a selling zone

Apr 2, 2019

Trade active