On the GBP.JPY 15min chart we have a potential short opportunity at the D leg completion of a bearish Cypher Pattern
The price reversal zone on this pair is between 157.646 & 157.987 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 Pattern placed at the .382% and .618% retracement of the C to D move. There is also opportunity to look for extended targets at around 156.575 Stop loss would be placed above X leg structure resistance