Get started
MikulovicFOREX

GBPUSD: (Potential) Emerging Cypher

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
MikulovicFOREX Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Cypher Chart Patterns Divergence hammercandlestick GBPUSD gbpusdlong
12
0
trendanalysis harmonicpatterns cypherpattern chartpattern divergence hammercandlestick gbpusd gbpusdlong
1. Signal: Emerging bearish Cypher
2. Confluence: Regular divergence
3. Candlestick confirmation: Hammer

Short term strength provides a trading opportunity for long positions targeting the Cypher-pattern completion point.

Good luck to all trading GBP/USD in the following week!
Comment:
Just spotted the Shark pattern...
snapshot
Comment:
A falling wedges major confluence is a bullish regular divergence.. But look at that hidden divergence hiding behind it...
snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.