dule85
Long

GBPUSD 30min Bullish Cypher Pattern

FX:GBPUSD   British Pound/U.S. Dollar
A potential long opportunity at the completion of a bullish cypher which is the 0.764 retracement of the XC leg.

Stops need to go below X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
Are u sure it is Cypher? It looks more like Shark....
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dule85 leszekstanislaw
2 years ago
I am pretty sure. The B point is a 1.272 extension of the XA leg. The shark would complete below the X point I think.....
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leszekstanislaw PRO dule85
2 years ago
You're absolutely right! I must be blind!
Reply
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