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
******************************************************************************************
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.
註釋
Half positions closed with 1:2 risk/reward ratio and remaining positions closed break-even.Will find another opportunity.
Trade closed
註釋
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。