UnknownUnicorn180388

GBP.JPY - Bearish Cypher Pattern

Short
FX:GBPJPY   Livre sterling / Yen japonais
On the GBP.JPY 15min chart we have a potential short opportunity at the D leg completion of a Cypher Pattern

The price reversal zone on this pair is between 171.614 & 172.255
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.

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