GBP/JPY - Short; Watch for a reversal here
Updated
This pair is very likely to react here, for a 200 pip drop. Wait for a clear reversal, though!
(When two Cypher Pattern's PRZ are this close together, usually there is a brief reaction off of the first PRZ and the turn happens in the second PRZ - Much like the case here.)
Here is a close up;
(When two Cypher Pattern's PRZ are this close together, usually there is a brief reaction off of the first PRZ and the turn happens in the second PRZ - Much like the case here.)
Here is a close up;
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Second Chance to get in on this ShortSell it off of 161.70 and there is a 20 pip stop for +200.
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Now it's just a strait drive to 159.50.Trade closed manually
I'm outta here.Took +100 pips out of this and there is no point on wasting any capital here ...
... when there are far better trades out there! (EUR/USD Short, USD/YEN Long, etc.)
Trade active
Buy it up!!LONG
Trade active
Buy it up - LONG!This is likely to hit that major PRZ, one more time, before fully reversing.
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Here is a good Long Entry;Note
As projected.Get ready to Buy it up! - LONG
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LONG with tight stops!
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IFF this low holds ...... Then
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Buy it up! - LONG
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Buy it up! - LONG
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Buy that Stop Hunt!! - LONG
Trade active
Buy it up! - LONG
Trade active
LONG - for now.
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