"Bearish Cypher pattern near completion GBP/JPY" by trader davide.braito — published August 13, 2013

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British Pound / Japanese Yen (FX:GBPJPY)

FX:GBPJPY British Pound / Japanese Yen

A lot of patterns on GBP/JPY , we are near a completion on a bearish Cypher pattern and on the blue area I'm waiting for a possible inversion of the bullish trend . The target is on the 0.5 of Fibo rentracements, at the price of 150.10

just the gbp dosent give a shit.

good observation :), another reason to expect a short.

Also an embed butterfly I think....

Harmonic cypher with nested butterfly nearing completion

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