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vikinsa
Jan 3, 2020 9:57 AM

GBPJPY Long (120 Pips) Cypher/Short (180 Pips) Structure Break 

British Pound/Japanese YenFXCM

Description

Hi Traders, GBPJPY has 2 opportunities right now. One is Cypher Pattern play for long positions which can give us 120 pips. Then we have break of structure play downward which can give us 180 Pips. We need to be careful as this is weekend and we have news expected. We should have stops wider in such cases if we want to jump in.

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Comment

Trade closed: target reached

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