USDJPY - Bat after Cypher?

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 12, 2014 12:33 PM

Possibly a Cypher pattern might complete around 101.912. If this happens, we can go long and take profits near the completion of the bearish Bat pattern above. Two good possible trades here, so let's watch closely.

Bat Cypher

Comments

justatrader

⋅ Jun 12, 2014 3:14 PM

I think the entry for longs might come around 101.775 region.

Daniel.Dalo

⋅ Jun 12, 2014 10:22 PM

I got stopped here, but a very nice supply level appeared, so maybe a good place to go short, take some profits and recover from that loss.

Thanks for the comment!