Trilo
Short

USDJPY Bearish Cypher update. Another short opportunity?

FX:USDJPY   US-Dollar / Japanischer Yen
245 1 11
Bearish cypher completed. Target 1 met at 0.382 retracement of CD leg.

Market has reversed and looks like it wants to test the PRZ area. This may be an opportunity to short again. I would only short now if it reaches the yellow line.

Reasons to short now:

1) RSI bearish divergence.
2) Retest of breakout (yellow line)
3) Retest of PRZ.
3) RSI overbought area
4) Top of the bollinger band

Thanks for looking!

Agree, was looking this pattern yesterday, i missed previous entry and im shorting now. My bias is long term, last target is D1 lows.
Antworten
Deutschland
United States
United Kingdom
India
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Bitte um Kennzeichnung Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Hilfe Priorität-Unterstützung Report Issue Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden