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erbe
Nov 16, 2018 4:07 AM

GBPUSD - Strong Bullish Cypher harmonic pattern Long

FX:GBPUSD60
British Pound/U.S. DollarFXCM

Description

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Description: FXAndalanBangsa found a potential Bullish Cypher Harmonic Pattern formation on H1 Chart Timeframe. A potential bullish correction is predicted at D.

1 HOUR
Bullish Cypher harmonic pattern.

4 HOUR
Bullish Max Dragonfly Pattern

DAILY
Bearish pin candle yesterday.

LEVELS
Order Pending Buy GBPUSD @ 1.28142
TP @ 1.28932 (79 Pips)
SL @ 1.27592 (55 Pips)

RR: 1.44, SWING Setup!

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Comment

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the market had risen to around 1.2876 (60 pips) but then fell around 1,283 (16 pips).
Harmonic PatternsGBPUSDgbpusdlongBullish Cypher
Comments
AlexKuptsikevich
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I think about Short at GBPUSD. In my opinion, there are some definite reasons for it, in my idea:



Do you agree?
erbe
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@AlexKuptsikevich, great ...
But You compare in two different TimeFrames. In my opinion, starting from today until the next few days the market will rise. See on H4 chart time frame.
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