GBPJPY - Possible short setup.
We have Bearish Cypher Pattern and it already gave us a good risk to reward entry because cypher pattern is based on 78.6 fib level. Price action looks I would say pretty okay.
- Bearish Cypher Pattern.
- Stochastic overbought and looking to cross down.
- Divergence on 1H.
- Bearish Cypher Pattern.
- Stochastic overbought and looking to cross down.
- Divergence on 1H.
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