USDJPY made a valid break below current structure support level(the purple one), and with this break USDJPY should extend lower towards the entry level of the potential Advanced Harmonic Pattern - Bullish Cypher, on 1H.
With this valid break we are in rotation mode, so everything in regards of the Cypher pattern will be conservative
Entry @ 111.37
Stop @ 110.69
Initial Target 1 @ 111.96
Initial Target 2 @ 112.32
Good Luck!
With this valid break we are in rotation mode, so everything in regards of the Cypher pattern will be conservative
Entry @ 111.37
Stop @ 110.69
Initial Target 1 @ 111.96
Initial Target 2 @ 112.32
Good Luck!