The crippled Cypher // Double Bottom - 2618 setup // IF=THEN ®

FX:GBPUSD   British Pound / U.S. Dollar
208 0

Double bottom above support, IF the price break the previous structure or pressure zone, and find resistance above, it can eventually pull back to the 61.8% giving us an eventual 2618 setup to trade with a target around the 161% extension.

Also a crippled Cypher pattern which exceeded point B slightly above the 61.8%, in fact, touches the 76% retracement, creating a mistrust of state.


Double's ;) :

Safe trades;
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