AndreiButoi
Short

Bearish Cypher Pattern with good resistance on GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
After a massive bearish move, GBPJPY             had a retracement and now is on consolidation. My short on this pair (at 179.50 price) is based on a cypher pattern in direction of the major trend and a minor structure range ( .40-.55).

Also is very probable that RSI will be overbought on that level and if you want to be very conservati you can wait for a double top on that level!
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
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