GBPCHF Cypher Bearish Pattern Short

British Pound/Swiss FrancFXCM

Description

⋅ Oct 29, 2015 4:45 PM

The broken trend line shows a bearish trend that wanna form a cypher pattern.

1. Cypher Pattern
2. RSI overbought
3. MACD 4C bullish to reach D

SL above the last resistance
TP1 at .382
TP2 at .618

Trade active

⋅ Oct 30, 2015 7:26 PM

Trade closed: stop reached

⋅ Nov 18, 2015 10:28 AM