Get started
DanielParra99

GBPCAD (Bearish Cypher Pattern)

Short
British Pound / Canadian Dollar (FX:GBPCAD)  
DanielParra99 Updated   
FX:GBPCAD   British Pound / Canadian Dollar
Harmonic Patterns Technical Indicators Chart Patterns
10
0
harmonicpatterns indicator chartpattern
On 4h Chart I managed to find this Bearish Cypher Pattern, on chart youll see all the steps and how I confirmed it.
Good Trading.
Comment:
We can see how 0.786 retracement is been respected, if you entered the trade with a sell limit at 0.786 you have to possible take profits, use fibonacci from D to C, first TP is at 0.618 and second TP at 0.382 (how many pips on chart). - 1h Chart
Good Trading.
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.