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Mattybk
Jan 29, 2020 9:32 AM

GBPJPY - Cypher Pattern on the 4hour Long

GBP/JPYOANDA

Description

Cypher pattern on the GBPJPY where we are currently in consolidation, first target will be the 0.382 from the C-D leg with SL just below the 4hour pin bar at demand zone
Comments
OliverFOXFX
Great work mate, looking at that 4hr, I assume this is a reversal and a slight retracement also?
Mattybk
@ollie_taylor Hi Ollie, most uses for consolidation patterns are reversals, and yes I’m just looking for a spike up from the demean zone using this backtested trading pattern
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