FX:GBPUSD   British Pound/U.S. Dollar
353 4 29
We meet the bearish Cypher pattern in Gbpusd             in hourly chart.
We have the uptrend violated by a New structure low. Potential sell could be seen at the pattern completion area.


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1. Never add to a losing position.
2. Never risk more than 5 percent of your trading capital on any one trade.
3. Always have a protective stop in the market.
4. After a trade has been place. Think like you are viewing the market through a prism.



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2. Take responsibility for your trades.
3. Markets that have higher lows are in uptrends. Markets that have lower highs are in downtrends.
Comment: Pattern Invalid!
There's an interesting EURGBP long forming too...I think this will be a great sell.
+1 Reply
Agreed! Brother.
+1 Reply
now can buy or not
+1 Reply
morshedul.sazid ChatchaiVong
No!
Reply
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