Andy_Parrish

GBPJPY 15M - Potential Cypher Pattern Long @ 152.21

Long
Andy_Parrish Updated   
FX:GBPJPY   British Pound / Japanese Yen
Hi all,

We have a potential Cypher Pattern Long forming on GBPJPY @ 152.21. Keep in mind the current trend if you take this one. Large stops also so make sure they are placed accordingly and position sizing fits your plan.

Stops below X
Target 1 @ 152.97
Target 2 @ 153.45

Targets as always to be adjusted should the pattern complete.
Trade closed: target reached:
This pattern actually turned into a Gartley before the close of play on Friday, but with more or less the same entry.

Filled this morning and just took out Target 1 for +63 Pips and Target 2 for +123 pips. Good start to the week!

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