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UnknownUnicorn180388
14 Th11 2016 16:12

GBP.JPY - BULLISH CYPHER SETUP - 133.840 Giá lên

British Pound/Japanese YenFXCM

Mô tả

On the GBP.JPY 15min chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 133.840 & 133.433
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 135.150
Stop loss would be placed below X leg structure support.

Target 1 - 134.450
Target 2 - 134.818
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