dagmah
Short

GBPUSD SHORT @ 1.5240

FX:GBPUSD   British Pound / U.S. Dollar
135 9 0
It might not see 1.5240
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Akil_Stokes okanbasoglu
Hopefully it doesn't. Also be careful if you're drawing that out as a cypher as we wouldn't have a valid D completion since it doesn't complete above B
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okanbasoglu Akil_Stokes
Thanks for the tip Akil so what you mean is D must close above the B right?
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Akil_Stokes okanbasoglu
yes
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What's the greyish pattern?
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dagmah Akil_Stokes
Maybe i drew it a bit wrong but i believe it's bearish shark
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Yeah, a Shark is closer to a cypher in how the C leg extends past the A leg
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dagmah Akil_Stokes
yeah cos if you draw the fib Ex from leg A to B , then the 618 will be at leg D, that is how i drew it as it shows
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Not really sure what you're getting at as far as it being a shark, but I'm not expert at that pattern, so I trust you know what you're doing
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