usdjpy has just formed two top pattern and by the looks of it, it should hopefully form a third one in which will hit the trend line and either retrace back.
OR
it could possibly hit the second green support line and maybe retrace back to previous green support level.
this goes back to my previous analysis I made recently, check it out guys.
Hello Traders,
We have a potential Cypher pattern if price can work its way down to our entry @ 1.2982
This completes in an area of minor support which presents a good opportunity to go long on this pair.
Target 1@ 1.3173
Target 2@ 1.3289
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