GBP.USD - Bullish & Bearish Opportunities - 1.2133 & 1.2278

FX:GBPUSD   British Pound / U.S. Dollar
On the GBP.USD 1hr chart we 2 potential trade opportunity's at the D leg completion of a Bullish & Bearish Cypher setup.

Bullish Cypher Setup ( Blue ) - D leg completion 1.2133 - ( 15min Chart )
Target 1 - 1.2164
Target 2 - 1.2183

Bearish Cypher Setup ( White ) - D leg completion 1.2278
Target 1 - 1.2203
Target 2 - 1.2156

Bullish Cypher Setup: Stop loss would be placed below X leg structure support .
Bearish Cypher Setup: Stop loss would be placed above X leg structure resistance .
For the bullish cypher I'm getting a close for the B leg below the 61.8 retracement level. Do you see this as well or am I pulling from a different leg than you?
Looks good! found something similar on the 4H chart.:)
+1 Reply
Great work, feel free to attach your link below.
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