GBP/USD - Bullish Cypher Pattern

FX:GBPUSD   British Pound / U.S. Dollar
1382 10 29
On the GBP/USD             4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern .

The price reversal zone on this Cypher Pattern setup is between 1.5092 & 1.5028
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher Pattern are placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support .

i am long ^^ thanks for this chart it matched my rules after the news
+1 Reply
TomHall Tijmen_K
Great work,
Best of luck.
+1 Reply
Tijmen_K TomHall
are you in too, or do you wait for some sort of conviction?
TomHall Tijmen_K
I am not no, yes there are other things I wait for, the pattern completion is just more confluence
I like your patterns thank you Tom
TomHall pyramids_Forex
Thank you very much
Thanks Tom
+1 Reply
No problem at all.
Great idea Tom..Like always
+1 Reply
TomHall Josphat89
Thank you very much.
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