fximperija
Short

Cypher for Short

FX:GBPJPY   British Pound/Japanese Yen
110 2 0
After a butterfly long possible cypher short
I'm watching this also.

You should know, that if it goes down, then it will complete a bullish bat around the 166.937 level. Personally i prefer the bat completion, as then the reversal will be inline with the predominant trend in the higher timeframe. The bat produces a much better risk:reward ratio as well.
Reply
It has completed a butterfly already, see the bat which if completes makes the cypher invalid. We'll see what the PA will do. Cheers
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
中国
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out