EURGBP has met my requirements for a Cypher Harmonic Pattern .
- Potential 15-30+ PIPS to be made with a 16 PIP Stop Loss.
- Divergence is lining up on the RSI
As always if you found this idea helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also feel free to share your opinion on this setup, or other setups that you have on your radar for the EURGBP . The more ideas we can generate the more informative these ideas become for newer traders.
~T$
- Potential 15-30+ PIPS to be made with a 16 PIP Stop Loss.
- Divergence is lining up on the RSI
As always if you found this idea helpful, please let me know by hitting that like button and/or leaving me a comment below.
Also feel free to share your opinion on this setup, or other setups that you have on your radar for the EURGBP . The more ideas we can generate the more informative these ideas become for newer traders.
~T$
Trade closed: stop reached:
Price consolidated at the entry zone for days and then continued bearish movement ending with an impulse towards the Stop Loss.
