We have a potential cypher pattern on the GBP/JPY on the 1hr chart.
Stop loss goes 20 pips below the X leg.
Target 1 is at the 0.382 fib retracement
Target 2 is at the 0.618 fib retracement.
Stop loss goes 20 pips below the X leg.
Target 1 is at the 0.382 fib retracement
Target 2 is at the 0.618 fib retracement.
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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.