Yet again another cypher....

28 Ara 2016

Well this is getting a little crazy. We have had 3 cypher patterns on the USDJPY in the past week which is above normal on the hourly chart. The last one was profitable but only to target 1. Lets see if this one will fill and do better.

28 Ara 2016

Emir iptal

Price ended up closing above the 141.4% of the X-A leg which invalidated the pattern. Fear not though because we have another one that has set up because of that!