USDJPY 4HR Bearish Cypher with better entry & Fib Inversion
So the chart on the right is a Fib Inversion Trade with entry @ 110.67 with targets @ .618 retracement and 2nd target at a test of the structure lows.
the left chart if the Bearish Cypher with original entry at 109.94, this is technically an invalid pattern now that price action has violated "x"
traditional targets for this is .382 and .681 retracements.
follow your rules for the patterns you trade....
good luck and good trading
as always any comments, likes, and shares are welcomed
the left chart if the Bearish Cypher with original entry at 109.94, this is technically an invalid pattern now that price action has violated "x"
traditional targets for this is .382 and .681 retracements.
follow your rules for the patterns you trade....
good luck and good trading
as always any comments, likes, and shares are welcomed
Trade active:
Target 1 hit on Cypher Stops rolled to Break even.
Fib Inversion trade still looking for 1st targets.
Fib Inversion trade still looking for 1st targets.
Trade closed: stop reached:
stopped out BE