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Michail...Sideris

GBPJPY CYPHER bearish

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Michail...Sideris  
FX:GBPJPY   British Pound / Japanese Yen
GBPUSD Cypher gbpusdshort Trend Line Break USD USDGBP mimson_ideas advancedpatterns
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gbpusd cypherpattern gbpusdshort trendlinebreak usd usdgbp mimson_ideas advancedpatterns
When we have a broken trendline we always looking for a pullback-retest of the trendline or for an advance pattern formation in order to enter the market at the direction of the break.
Here there is a pending Cypher pattern formation that gives us the reason we are waiting for.
SL and TP points as in the chart
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