margood66

USDJPY possible bullish cypher

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
2
FACTORS OF CONFLUENCE

+ With the overall trend.
+ Retracement into 78.6 (as per cypher ROE) 127.0 fib extension of the BC leg
= fibonacci confluece of the 127.00 zone
+Retracement into 127.00 ( round number)
+ Look out for reversal candle patterns to the upside in this area.
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