On the GBP/JPY 4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern .
The price reversal zone is between 183.065 & 181.840
We have two strong psychological whole number at 183.000 & 182.000 which will also be a key area to watch.
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 below X leg structure support.
Website.
www.UKForexSignals.com
Learn To Trade The Cypher Pattern.
The price reversal zone is between 183.065 & 181.840
We have two strong psychological whole number at 183.000 & 182.000 which will also be a key area to watch.
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 below X leg structure support.
Website.
www.UKForexSignals.com
Learn To Trade The Cypher Pattern.
