I_see_BTC

USDJPY - Potential bearish cypher pattern

Short
I_see_BTC Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
6
Bearish cypher pattern completing up around 113.925. I will be watching the daily for signs of a reversal once price reaches that level (RSI divergence and/or candlestick pattern) then look for a short entry on a lower timeframe.

Trade active:
Trade closed: target reached:
Target #1 hit.
Target #2 is 110.513
Trade closed: target reached:
Target #2 hit
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.