FX:GBPJPY   British Pound/Japanese Yen
245 3 3
doji candle on daily chart right by trend line
close to (above) MA 100
while this pair been working a 1 2 1 pattern
it seems like then pattern still in play
so with a very low risk max 50 - 100 pips above trend line
and reward of 1400             pips ( if you hold on for that long)
or minimum of 700 pips to weekly support

we are looking a great 7 : 1 min reward
so once again I will be in this trade for short term and long term.

Good luck
Comment:
GBPJPY Possible Cypher pattern
Good chart,its a good sell entry now with 135.70 stoploss
Reply
nice idea,simple idea....good
Reply
Apple22 ummuhijrah
@ummuhijrah, glad u like it
Reply
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