GBP.JPY - Bullish Cypher 148.610 & 147.890 Long

British Pound/Japanese YenFXCM

Description

⋅ Oct 26, 2017 10:07 AM

Currency pair - GBP.JPY
Chart timeframe - 1hr
Area of interest - 148.610 & 147.890
Chart pattern - Bullish Cypher

Potential target 1 - 149.680
Potential target 2 - 150.329
Potential extended target - 150.877

Comment

⋅ Oct 26, 2017 9:26 PM

Trendline now broken, i do expect a further push to the downside into tomorrow.

Comment

⋅ Oct 27, 2017 9:06 AM

Price approaching D leg completion.

Comments

ThePrince_US

⋅ Oct 26, 2017 7:48 PM

Thank you so much , so do you still think this is going on the upper trend?

UnknownUnicorn180388

⋅ Oct 26, 2017 9:27 PM

@ThePrince_US, My pleasure, i expect a push lower prior to the next bullish impulse.

yerycuu

⋅ Oct 26, 2017 10:57 AM

GBPJPY is my favourite to trade.. thanks for doing analysis and providing ideas for it TomHall

UnknownUnicorn180388

⋅ Oct 26, 2017 10:58 AM

@yerycuu, No problem at all, i hope the success continues for you.

coradifciy

⋅ Oct 26, 2017 10:56 AM

Thanks TomHall for the analysis!

UnknownUnicorn180388

⋅ Oct 26, 2017 10:58 AM

@coradifciy, My pleasure :-)