PortmoreCapital

Harmonic Bullish cypher completed

Long
FX:GBPUSD   British Pound / U.S. Dollar
harmonic bullish cypher has completed at 161 extension level from previous swing. this same level is also a previous major support and resistance level on at least 5 timeframes. price has rejected this level nicely and i am now looking to ride the geometrical 61.8 retracement of A-D. target 1 is 50% and 2 is 61.8%

risk reward is 4

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