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.
評論:
Will find another opportunity.
Trade closed