FX:GBPUSD   British Pound / U.S. Dollar
Potential Cypher pattern on daily chart .
RSI is overbought.
Major Resistance at 1.5994

Stop loss-1.6188
1st Target-1.5401
2nd Target-1.5077

Stop loss in pips-268
1st Target in pips-519
2nd Target in pips-843
When 1st Target is hit move your stop loss to Entry point for risk free Trade.
What is the risk profile for this trade? How wide a stop do you suggested based on this accelerated move up to this moment? Do you scale in or sell under lows? Thanks in advance for your reply. (PS - I'd like to make this chart "suggested" but it just needs more info.)
Thanks for your comment. Please do let me know in future. Your are always welcome to ask.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out