GBP.USD - Bearish Cypher Pattern Setup

FX:GBPUSD   British Pound / U.S. Dollar
On the GBP.USD 15 min chart we have a potential short opportunity at the D leg completion of a Cypher Pattern

The price reversal zone on this pair is between 1.4321 & 1.4359
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Cluster:
0.786% - 1.4321
1.272% - 1.4317
1.618% - 1.4324

Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance .
Stunning! Pretty cool mate ;)
Target 1 & Target 2 attained.
Goodjob! I was out early, halfway target 1, with a small profit. Will keep following you
Looks good! I'm in at 1.4324
+1 Reply
TomHall JurgenSterk
Best of luck, let's see what happens.
+1 Reply
TomHall adamkhalifa
Nice setup Adam
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