Potential Cypher Pattern GBP/JPY 1hr Chart

British Pound/Japanese YenFXCM

Description

⋅ 7 oct. 2015 14:21

We have a potential cypher pattern on the GBP/JPY on the 1hr chart.

Stop loss goes 20 pips below the X leg.

Target 1 is at the 0.382 fib retracement

Target 2 is at the 0.618 fib retracement.

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