J_Graystone

Bullish Cypher at Market GBPUSD

Long
FX:GBPUSD   British Pound / U.S. Dollar
748 views
16
After a good week last week, I'm hoping to continue this week.

First play on the list is this bullish Cypher formation at market. Price action has pushed down for a better entry. I got in this morning at 1.2219.

Stops below the X leg which isn't a bad area for protective stops.

Also a decent risk:reward trade now.

Good luck in the markets this week guys!
Ill see you in the live room tomorrow

Jason