BEARISH CADJPY CYPHER PATTERN COMPLETION AT STRUCTURE
Updated
There is a potential cypher pattern completion at structure.
Not just that there is a 200 EMA confluence, monthly candle open price and monthly pivot point.
So look at all the elements of confluence we have at that location:
1. Daily Structure Level
2. cypher pattern completing at structure.
3. 200 EMA confluence at cypher completion.
4. Monthly pivot confluence at structure
5. monthly candle open price at structure.
Please note that this is not trading advice, follow your trade plan.
Cheers!
Not just that there is a 200 EMA confluence, monthly candle open price and monthly pivot point.
So look at all the elements of confluence we have at that location:
1. Daily Structure Level
2. cypher pattern completing at structure.
3. 200 EMA confluence at cypher completion.
4. Monthly pivot confluence at structure
5. monthly candle open price at structure.
Please note that this is not trading advice, follow your trade plan.
Cheers!
Note
Stops Moved to Break even, Locked in extra profit as well.Take profit at 75.55
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