USDJPY: Bullish Cypher
USDJPY could validate a bullish cypher pattern next week. X and D point are in structure area which was respected in the past. Entry point is around 112.821, target 1 & 2 are as well respected S&R zones.
entry: 112.821
s/l: 112.199
t1: 113.546
t2: 113.985
The overall picture is a ranging market while the market is in an up move. Possible that the market is testing agin the S&R at 114.456 which could be t3.
entry: 112.821
s/l: 112.199
t1: 113.546
t2: 113.985
The overall picture is a ranging market while the market is in an up move. Possible that the market is testing agin the S&R at 114.456 which could be t3.
Feragatname
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