Fxprotrader
Long

GBPUSD: Bullish Cypher Completion At Lower Parallel

FX:GBPUSD   British Pound/U.S. Dollar
Price has completed a bullish cypher pattern after a massive drop but i believe price may drop a little more probably to the lower parallel of a schiff median line set. In this scenario the pattern will be still valid but will offer a much better risk/reward ratio. RSI is oversold which adds to our tought of going long.

Likes and comments are always welcome. Follow for updates..!
Sl hit?
Reply
Yes sl hit but at breakeven. Price reached a 1.5:1 before dropping
Reply
Dguaman Fxprotrader
yeah same to me, i tp and then i move the 50% at breakeven too :D
Reply
That's a nice strategy :)
+1 Reply
I bought at 1,2980 =) let see how far we go with this call :D
Reply
Ok good luck
Reply
Dguaman Fxprotrader
isnt active for u ? or u just forgot to update this call? ..
Reply
We are getting really close to our entry point !!! com`n :D
Reply
Forexstudent4 Forexstudent4
Are we on all time bottom?
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out