Mattybk
Long

GBPJPY - Cypher Pattern on the 4hour

OANDA:GBPJPY   British Pound / Japanese Yen
Cypher pattern on the GBPJPY where we are currently in consolidation, first target will be the 0.382 from the C-D leg with SL just below the 4hour pin bar at demand zone

Comments

Great work mate, looking at that 4hr, I assume this is a reversal and a slight retracement also?
+1 Reply
Mattybk OliverFOXFX
@OliverFOXFX Hi Ollie, most uses for consolidation patterns are reversals, and yes I’m just looking for a spike up from the demean zone using this backtested trading pattern
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