avoryhoward

possible bullish cypher pattern

FOREXCOM:CADJPY   加元 / 日圓
Possible SHORT opportunity until projected cypher pattern completion between 87.200-87.010
C point completed at end of bat pattern on one of my other idea charts
price drops below MA 8 and MA 20 also drops straight through RSI trigger bar S.o.R.

Taking a SHORT in this position poses a high risk; must take a look at all information before SHORT trade execution.
Update upon completion of pattern for LONG TP & SL targets


Please comment if any contradiction seen to help my growth as a trader. Please and Thank You!


S.o.R.= Support or Resistance

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