That is definitely an option, albeit a bit bland and vanilla. If you want to give it some flair though, you might go for something else. 

One option you might shoot for is using the name of a leader with an -ism on the back, like "Stalinism" or "Peronism"

Another option, in the vein of the Juche in North Korea or the Fascists themselves, is to use a single word or phrase (in French) as the name of your movement (which is easy, run a word or phrase through Google Translate and have someone who knows French like Veo check its correctness). For instance, this movement might build up support by declaring themselves the victors of the otherwise indecisive Great War, in which case they become the "Vainqueur" or "Vainqueurist" for victors. Or they might adopt good old fashion Ancien Regime symbolism and combine it was a political message of reconstruction to come up with the "Fleurir" or "Fleurist" for the double meaning to "Bloom", and a reference to the Fleur-de-lis.

We talk about the technical shit all the time this is true, but if you really want to be memorable it is a good idea to do colorful things. Just imagine Precipice as the pulp-magazine version of alternate history, where our gangsters wear horse masks, the largest rebellion in recent African history was lead by a cross dressing anarchist, and the Spanish "Cazadores"(Hunters) are the most well trained fighting force on the field with a tendency to steal trains.