zsoltfekete1

GBPJPY Bearish Cypher pattern

Short
FX:GBPJPY   British Pound / Japanese Yen
I see an emerging bearish cypher pattern, where the PRZ is overlapped with the round 163.0 resistance. I will enter the trade if the red trendline breaks. My targets are .618 and .886 fibo levels.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.