A short trade on USDJPY over the next few days (ABCD pattern) Risk Reward 1/1 Leading into a possible long (C-D of Cypher Pattern)
Bullish Triangle on GBP/USD TP at top of triangle (1.2510) SL below major support (1.2391) Major support at 1.2400
ABCD completion at 1.618 Fib Extension Target 1.0753
Double Top on the 4H Short Term resistance at 1.0700 (Take profit at 1.0711) a good risk to reward ratio of 2.5 Long Term Trend Line and resistance at 1.0810 (to protect your stop) 90 pip trade
Potential XABCD completion at 1.07887 Short to be initiated on close of reversal candle (lower close than low of previous candle) Target 1.06730 (0.618 Fib Retracement) Stop 10 pips above high of upward move