Art_of_Trading

USDJPY: CYPHER

Short
Art_of_Trading Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
On USDJPY , the market is not trending on 4H bars and it gives an opportunity to harmonic pattern traders. There is a Cypher pattern, which finished its D leg. This provides a signal to go short. This advanced pattern has the highest success rate (70%). Wait the market open on Monday to avoid any unpredictable spikes.
T1 - 38.2%
T2 - 61.8%
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Comment:
Sell
Comment:
Profit locked
Comment:
T2 hit, took second half $.
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