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Aleksandar_Rose
Jun 30, 2017 9:33 AM

Potential Bullish Cypher on USDJPY, 1H Long

U.S. Dollar/Japanese YenFXCM

Description

USDJPY made a valid break below current structure support level(the purple one), and with this break USDJPY should extend lower towards the entry level of the potential Advanced Harmonic Pattern - Bullish Cypher, on 1H.
With this valid break we are in rotation mode, so everything in regards of the Cypher pattern will be conservative

Entry @ 111.37
Stop @ 110.69
Initial Target 1 @ 111.96
Initial Target 2 @ 112.32


Good Luck!
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