GBPJPY 15M - Potential Cypher Pattern Long @ 152.21
Hi all,
We have a potential Cypher Pattern Long forming on GBPJPY @ 152.21. Keep in mind the current trend if you take this one. Large stops also so make sure they are placed accordingly and position sizing fits your plan.
Stops below X
Target 1 @ 152.97
Target 2 @ 153.45
Targets as always to be adjusted should the pattern complete.
We have a potential Cypher Pattern Long forming on GBPJPY @ 152.21. Keep in mind the current trend if you take this one. Large stops also so make sure they are placed accordingly and position sizing fits your plan.
Stops below X
Target 1 @ 152.97
Target 2 @ 153.45
Targets as always to be adjusted should the pattern complete.
Trade closed: target reached
This pattern actually turned into a Gartley before the close of play on Friday, but with more or less the same entry. Filled this morning and just took out Target 1 for +63 Pips and Target 2 for +123 pips. Good start to the week!
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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.