JasonGraystone

GBPJPY Trend Reversal? Cypher Pattern at market

Short
FX:GBPJPY   British Pound / Japanese Yen
17
After being bearish for so long, this market closed on Friday violating the previous structure resistance level which could mean we may see a trend reversal.
We would be looking for confirmation by waiting for a pull back then market to put in a new structure high.

Now we have a cypher pattern completion at market so hopefully, we do see a pull back to hit targets.

We will be keeping an eye on this pair during the London Live Room this week.

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Good Luck in the markets this week
Comment:
Target 1 hit for 226 pips. Stops moved to break even

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