Urbandj

USDJPY: Bearish Cypher Opportunity on 240min

Kort
FX:USDJPY   USA-dollar/Japansk yen
1
This pair has been showing the signals for pattern opportunities.The overnight rally which missed a bullish bat pattern completion by 5 pips :(, however another potential pattern presences itself.

I would be aware of stop placement depending on what method you use as there is a bigger bearish cypher pattern, completing at the 120.33 level, that would coincide with ATR stops.

Good luck
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