Strong/Good Cypher pattern? Volatile pair

Anyone familiar with Cypher patterns?

Went short on GBP/NZD when it showed a cypher pattern and reached the 78.6 mark, waited for it to bounce off it then entered. Its the first time I go in with a mini lot (usually micro) so I’m really scared that its still hanging on that 78.6 area, I saw it go down at first so was content.

Does it look good? I’m optimistic that it’ll go down, had my stop at the dotted red line (2.159) but moved it to 2.16250 a bit above the resistance level (at the 100% yellow fib line) (which held 3 times and broke once on 30minute chart)

Edit: it didn’t work out, but luckily I managed to close early and save my 40 pips