tntsunrise
Long

GBPUSD DAILY CYPHER PATTERN

FX:GBPUSD   British Pound/U.S. Dollar
8580 28 161
GBPUSD             DAILY CYPHER PATTERN
WITH TREND LINE SUPPORT

The pattern just completed today.
It's good to buy gbpusd             in lowertime frame
and aim for a big reversal

Sl below X
Trade closed: stop reached: Stopped at 1.2840, due the speaks of the England govener
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Can you update your current view on GBPUSD as the low price indicates to buy. Please need your idea.
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Hi Jack
Do you have any new idea about this pair?
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tntsunrise TOP habibzafari14
MAY TEST THE PREVIOUS LOW
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SL hit? ..
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Could you please provide update on this trade?
+2 Reply
updates? ..
+2 Reply
Jack , is GBP now forming a hourly reversal pin bar? I am confused with daily pin bars most of times, because i realized there are different daily close price if i use different forex broker.........
+1 Reply
Calamity Calamity
hmm, it has failed to close as a reversal pin bar.....1.28, 1.27 is on the way...... i just opened a short position
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Trendhopper Calamity
Price can reverse without a pin bar and often does...pin bar is just added confirmation....I think we will see a bounce up personally and this support will hold for now, not as strong as previous bounce but still a bounce...a better guide for the bounce is the GBPJPY chart as it is has a very clear descending triangle pattern so each high is getting lower...all the GBP pairings reversed/hit support at the same time friday so they are all synchronised so other GBP charts will give you clues on GBPUSD future moves...
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Calamity Trendhopper
Thanks, but you did not answer my question. I am not asking you to tell me to short or long GBP, my initial question was asking the difference of closing prices. And it make 0 sense if im right this time with this short position, i want to know the technique.

and if you go wrong with 1 chart you go wrong with all of them, so your idea of comparing other GBP charts is not valid.
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