TomHall
Short

GBP.JPY - BEARISH CYPHER SETUP - 147.983

FX:GBPJPY   Britisches Pfund / Japanischer Yen
On the GBP.JPY 15min chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 147.983 & 148.456
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 146588
Stop loss would be placed above X leg structure resistance .

Target 1 - 147.316
Target 2 - 146.903
Kommentar: PLEASE NOTE:
Position is still valid as long as price doesn't exceed C leg
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Hi Tom is this postion still valid? Thanks
+1 Antworten
TomHall Forex_Col
@Forex_Col, Not in my personal rules
+1 Antworten
Forex_Col TomHall
@TomHall, thanks
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Is it safe to trade going up?
+1 Antworten
TomHall slrocheleau
@slrocheleau, I personally wouldn't do that.
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@TomHall, if I subscribe today can you help me make up some of my losses before market closes today?
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TomHall slrocheleau
@slrocheleau, That wouldn't be possible, we have 2 positions live currently, you would be better from Monday
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Nice update's Mr.Master Thanks!!
+1 Antworten
TomHall prashanthc
@prashanthc, Thanks very much :)
+1 Antworten
buy signal sir? sorry im newbie
+1 Antworten
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