theodor87

Cypher pattern in progress

FX:EURGBP   Euro / British Pound
118 0 5
We see three scenarios that could happen simply by reading structure and using fibbonaci
After breaking Descending triangle to the south, the market made one harmonic move (blue lines) and reversed at 141 fibb extension and now the price is heading to the north where it will find two obstacles (resistance levels) which could be broken or not
Red boxes shows spots where the price finds support and resistance

Comment: Entry point triggered

High probability Cypher pattern

If I have a chance to increase position size to standard lot this would be that "One Good Trade" by Mike Bellafiore :D
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