GBPUSD Potential Bullish Cypher Pattern Formation & Long Setup
GBPUSD-H4 Potential Bullish Cypher Pattern Formation and Long Setup
Description: FXAndalanBangsa found a potential Bullish Cypher Harmonic Pattern formation on H4 Chart Time frame. A potential bullish correction is predicted at D.
Pair / Instrument: GBPUSD
Trade Period: Intraday Trading
Time Frame: H4
The trend in the Timeframe: Bearish
Trade Based On: The Bullish Cypher Pattern
Accuracy: %82
Trade: Long
The Area Of The Entry: 1.2732 – 1.2796
Stop Loss: 1.2645
Target 1: 1.2895
Target 2: 1.2999
Target 3: 1.3116
What to pay attention: If the setup does not work and get stop out, we look for a long opportunity at Fibonacci 1.13 extension of XA 1.2631- 1.256 targeting 1.2796 and 1.2875
Description: FXAndalanBangsa found a potential Bullish Cypher Harmonic Pattern formation on H4 Chart Time frame. A potential bullish correction is predicted at D.
Pair / Instrument: GBPUSD
Trade Period: Intraday Trading
Time Frame: H4
The trend in the Timeframe: Bearish
Trade Based On: The Bullish Cypher Pattern
Accuracy: %82
Trade: Long
The Area Of The Entry: 1.2732 – 1.2796
Stop Loss: 1.2645
Target 1: 1.2895
Target 2: 1.2999
Target 3: 1.3116
What to pay attention: If the setup does not work and get stop out, we look for a long opportunity at Fibonacci 1.13 extension of XA 1.2631- 1.256 targeting 1.2796 and 1.2875
Trade closed: target reached:
The Area Of The Entry: 1.2732 – 1.2796 ( no reached)
Stop Loss: 1.2645
Target 1: 1.2895 (reached)
Target 2: 1.2999 (reached)
Stop Loss: 1.2645
Target 1: 1.2895 (reached)
Target 2: 1.2999 (reached)
