FIBSII

EURGBP 4H Cypher

Long
FX:EURGBP   Euro / British Pound
Hey all,

Here we have a just completed large Cypher pattern at market on EURGBP 4H. In line with underlying market trend and looking for .382 & .618 Fibonacci targets of C-D leg. Using a 113% stop loss which doesn't give us a 1:1 R:R on T1 however with positive expectancy above 60% this doesn't effect profitability - plus T2 will make up for it!

Fibsii Team