Koryphaeen
Long

GBPUSD cypher completed with strong RSI divergence

FX:GBPUSD   British Pound/U.S. Dollar
181 1 1
I took this trade for several reasons:
- Cypher pattern completed and in my view is still a valid one (D leg did not passed X)
- strong RSI divergence at the bottom, which NSL could be only a bull trap for those who set a too close SL for the Cypher
- near double bottom with X and rejection
Details on the chart.

I took both Gartleys presented on the chart as well, making a superb profit on both.
It is now time to buy this pair, if you didn't did it at the Cypher completion. That Head and shoulders pattern is very powerful, with strong RSI divergence and descending Volume as well.
snapshot
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