Art_of_Trading
Short

USDJPY: Cypher, Sell Now !

FX:USDJPY   U.S. Dollar/Japanese Yen
On FX:USDJPY             , there is a great opportunity for short. There is a structure high at 121.257; There is no clear bias who is in control of trend; bear or bulls?! This scenario could be a good opportunity to take some profit, as Cypher pattern appears which increase the probability of this set-up and gives us clear guidance for entry, SL, and TP levels.
T1 - 38.2%
T2 - 61.8%
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Very nice!!
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