Euro / Japanese Yen
Short

EURJPY: Cypher Pattern and AB=CD

51
Reason to entry:
-Overbought & divergent RSI
-Double top
-Fib Confluence (2)
-AB=CD pattern/equal measure move
-strong structure/ resistant
-valid Cypher Pattern

Entry:
-AB=CD completion (too late)
-D leg of Cypher pattern

Exit:
38.2 retracement of Cypher pattern

Void if:
-price breakup over resistant area

Manage your trade well!

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