Potential bullish Cypher pattern froming on GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
101 0 2
Another pattern in the making, Bullish Cypher . Looking for completion and entry @ 136.148 @ the 78.6 X-C retracement level marked in the PRZ. Hopefully price action will make its way into the PRZ and reverse. There is a lot of Fib ratio confluence in that area which makes it a potentially strong area to look for a reversal. Also if price manages to reach the PRZ @ the 200% extension then the market is likely to be oversold which will be shown on the RSI and gives us extra confluence. Lets see how it pans out :)
Trade closed: stop reached: Unfortunately got stopped out on this one. Cant win them all. Its part of the game :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out