TomHall
Long

GBP.JPY - BULLISH CYPHER SETUP - 125.995

FX:GBPJPY   British Pound/Japanese Yen
On the GBP.JPY 4hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 125.995 & 124.840
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 setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 129.771
Stop loss would be placed below X leg structure support .

Target 1 - 127.691
Target 2 - 128.806
Trade closed manually
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how ure review GJ right now still bullish?
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you open this trade?
+1 Reply
TomHall TOP javitofx
@javitofx, No this position didn't get executed.
Reply
amazing review analyst
Reply
@deri.hp, Appreciate the feedback, thank you.
Reply
Good idea : )
+1 Reply
Thanks very much.
Reply
EAGLE EYE
+1 Reply
TomHall TOP Gbprider
Always on the ball :-)
Have a great week.
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