30 Pips Booked On Target 1 USDJPY Bearish Cypher

Our First target on this short has not been hit for a total profit of 30 pips. Note that the first target has been reduced because the market came in a little higher than expected and since our first target is always the 38.2 retracement of CD leg, you can see from the chart that the 38.2 retracement has been hit. It's a small win but hey a win is a win.

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