GBPUSD DAILY BULLISH CYPHER AND BAT Long

British Pound/U.S. DollarFXCM

Description

⋅ Jan 10, 2014 10:40 AM

I SEE THIS TWO PATTERN COMING.
PRZ BETWEEN 1.6131 AND 1.6180
LOOK FOR REVERSAL SIGN AND GET IN THE TRADE.

Comments

tntsunrise

⋅ Jan 13, 2014 4:52 PM

Hey guys. a small gartley appear first. can long at 1.63. if tmr GBP's CPI is good maybe price won't drop so deep

bartosz.krawczyk.demczuk

⋅ Jan 10, 2014 11:07 AM

I see impulse leg a little bit longer (X below 1.5900) then cypher is still valid but BAT not (not 38.2 ret)

tntsunrise

⋅ Jan 13, 2014 4:51 PM

ER. WHY BAT NOT VALID? THE 38.2 REFERS TO WHICH POINT?
Appreciated if you could explain this to me. Thank you!