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HayatoDragonFX

GBPUSD, 4hr tf, Bearish cypher pattern short potential

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
HayatoDragonFX  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Harmonic Patterns Chart Patterns GBPUSD gbpusdshort gbpusdsignal gbpusdanalysis Bearish Patterns Bearish Cypher gbpusdtrade
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trendanalysis harmonicpatterns chartpattern gbpusd gbpusdshort gbpusdsignal gbpusdanalysis bearish bearishcypher gbpusdtrade
Hello my friends.

I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way.
I got my stop loss taken as it was my fault in positioning my entry and my stop loss.

I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD.
In my opinion short position is still interesting as bearish cypher pattern is still valid. It will only be invalidated by a movement above 1.2820

Sell GBPUSD 1.2700-1.2695
Stop loss 1.2820
Take profit 1 @1.2580
Take profit 2 @1.2460
Take profit 3 @1.2340

Good Luck
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