HermannHesse
Long

EURGBP Bullish Cypher Pattern

FX:EURGBP   Euro / British Pound
127 0 6
The rally in EURGBP             is going to reach the D point of a Bullish Cypher Pattern in a earlier support zone .

1. Cypher Pattern
2. RSI low
3. MACD 4C bearish to reach D
4. Earlier support zone


TP1 at .382 CD leg
TP2 at .618 CD leg
SL at X point

Advice: Take care trading GBP market this days due to the Thursday 5th Bank Of England meeting. If the market reaches point D before, perhaps it is good to wait for the resolution.
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