J_Graystone
Short

GBPJPY - Bear Cypher Formation @ 161.42

FX:GBPJPY   British Pound/Japanese Yen
1274 24 38
Although Im still long on this pair from the Bullish Cypher last week and holding out for target 2, we potentially have a bearish cypher pattern setting up at 161.42

Looking for initial Targets at the 382 - 160.92 and the 618 - 160.62

Good Luck in the markets this week.

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painless trade to target 1 :)
+1 Reply
J_Graystone PRO journeyofarookie2.0
Absolutely. And Target 2
+1 Reply
Wow .... Woke up, saw this.... What a beautiful morning. Thanks
+3 Reply
You're Welcome!
Reply
PAIN FREE! :)
+1 Reply
Absolutely
Reply
What a way to start your day
+1 Reply
Exploded !!
+1 Reply
Sure did! PAIN FREE
Reply
Nice trade. Great job!
+1 Reply
Thanks Isaiah!
Reply
OMG it is fantastic
+1 Reply
Its nice when its pain free either way to be honest!
Reply
gr8..
+1 Reply
Thanks
Reply
Boom!
+1 Reply
J_Graystone PRO Akil_Stokes
Boom Indeed my friend!
Reply
nice trade
+1 Reply
Pain Free
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very nice work Jason i always give importance to your ideas because all your ideas based on very good information although you keep your ideas very simple but behind that simplicity there is experience. i just want to share my experience with you how i am following this pair thank you very much for sharing Jason Keep sharing with us please.
sell the breakout
+1 Reply
J_Graystone PRO GoodLuckbabe
Nice. Thanks for sharing. I don't trade off of trend channels although I do use it as discretion in my trading. I think if that 155 level is broken, we could see a move to at least 150s
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GoodLuckbabe J_Graystone
i am agree with you i am expecting downside more than 150 level i was expecting 150 area around two months before but it looks like we may go beyond that level
POSSIBLE SHORT TARGETS
Reply
Good trade ! But you got lucky when the CPI number came out in your favor it could've be another way around and not a risk I personally would take but good for you I really mean that
+1 Reply
J_Graystone PRO AnriErikanov
Thanks but I was already long on the larger cypher
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