UnknownUnicorn180388

USD.JPY - Bearish Cypher At Market

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
UnknownUnicorn180388 Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Harmonic Patterns ukforexsignals USDJPY
71
32
harmonicpatterns ukforexsignals usdjpy
Currency pair - USD.JPY
Chart timeframe - 1hr
Area of interest - 112.383 & 112.590
Chart pattern - Bearish Cypher

Potential target 1 - 112.102
Potential target 2 - 111.935
Potential extended target - 111.823
Comment:
Please be cautious in trading this setup, i would await more confirmation.
Comment:
A double top is now expected with bearish RSI divergence.
Comment:
This setup is now longer valid due to a break and close above the X leg
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