VasilyTrader

potential bearish cypher pattern + structure

Short
VasilyTrader Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen

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!

Comment:
Entering selling zone
Comment:
consolidation inside a selling zone
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