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GBP/JPY - Short; Watch for a reversal here

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;
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Catatan
Second Chance to get in on this Short
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Sell it off of 161.70 and there is a 20 pip stop for +200.
Catatan
Now it's just a strait drive to 159.50.
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Trading ditutup secara manual
I'm outta here.
Took +100 pips out of this and there is no point on wasting any capital here ...
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... when there are far better trades out there! (EUR/USD Short, USD/YEN Long, etc.)
Trade aktif
Buy it up!!
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LONG
Trade aktif
Buy it up - LONG!
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This is likely to hit that major PRZ, one more time, before fully reversing.
Catatan
Here is a good Long Entry;
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As projected.
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Get ready to Buy it up! - LONG
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LONG with tight stops!
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IFF this low holds ...
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... 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 aktif
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Buy it up! - LONG
Trade aktif
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LONG - for now.
Nemo_Confidat
Juga di:
Chart PatternsGBPJPYgbpjpysellgbpjpysellsetupgbpjpyshortgbpjpyshortsetupHarmonic PatternsTrend Analysis
Nemo_Confidat
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