TomHall
Long

GBP.JPY - BULLISH CYPHER SETUP - 125.995

FX:GBPJPY   British Pound/Japanese Yen
3 months ago
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
3 months ago
Trade closed manually
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Gbprider
3 months ago
EAGLE EYE
+1 Reply
TomHall TOP Gbprider
3 months ago
Always on the ball :-)
Have a great week.
Reply
chisev
3 months ago
Good idea : )
+1 Reply
TomHall TOP chisev
3 months ago
Thanks very much.
Reply
deri.hp
3 months ago
amazing review analyst
Reply
TomHall TOP deri.hp
3 months ago
@deri.hp, Appreciate the feedback, thank you.
Reply
javitofx
3 months ago
you open this trade?
+1 Reply
TomHall TOP javitofx
3 months ago
@javitofx, No this position didn't get executed.
Reply
deri.hp
3 months ago
how ure review GJ right now still bullish?
Reply
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