Oztrade

POTENTIAL - BEAR CYPHER - ADVANCED PATTERN - USDJPY 60M

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Hi All, I wanted to post this potential Cypher Setting up here

Inverted risk reward to T1 - you may look for price continuation to the top of the green box which is also very close to the Even Handle number 121.000 - you can see the previous structure resistance level - this would make the RR 1:1 for T1

Good Luck and Happy Trading
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