USDJPY pair has formed a Cypher pattern.
D point of the Cypher pattern is also at the same price level as the downtrend line (orange) acting as another resistance.
I have shown 3x possible price levels to place stop loss depending on your strategy.
Could be a good time to sell.
Good luck.
Taiwan Bear
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Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.
D point of the Cypher pattern is also at the same price level as the downtrend line (orange) acting as another resistance.
I have shown 3x possible price levels to place stop loss depending on your strategy.
Could be a good time to sell.
Good luck.
Taiwan Bear
******************************************************************************************
Please note this post is provided for informational purpose only. It is not a financial advice to buy/sell.
Not
Half positions closed with 1:2 risk/reward ratio and remaining positions closed break-even.Will find another opportunity.
Trade closed
Not
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.