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EivindA

GBPJPY - A double bearish harmonic pattern?

British Pound / Japanese Yen (FX_IDC:GBPJPY)  
EivindA Updated   
FX_IDC:GBPJPY   British Pound / Japanese Yen
5
0
Confirmed bearish cypher seems to be leading into a bearish Gartleys C. Stoplosses go at impulselegs in either direction, targets at 38-61%.

Image imgur.com/zJ7fhii
Comment:
So this one took a beating from the recent retest and breakout of B - but still it looks bearish towards Gartley C.


i.gyazo.com/d7b7b6f9...a02efd08459bd0cc.png

The way I see it, this further validates the Cypher with confirmation of both targets, and now we saw a bounce back up to Gartley C from Cypher targets.

image i.gyazo.com/b81e8962...79c092d50a930ce9.png
Comment:
Gartley C just got confirmed, and we're in for a rise to Gartley D before a short potential.
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