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Koutta

Bullish potential Cypher pattern 1h

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
Koutta Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Cypher patterntrading Support and Resistance support advancedpaterns Harmonic Patterns GBPUSD LONG shortterm
6
0
cypherpattern patterntrading supportandresistance support advancedpaterns harmonicpatterns gbpusd long shortterm
We have a potential bullis pattern completion right at 1.25091 GBPUSD 1h, same level as previous resistance.
Target 1: 1.2610
Target 2: 1.26736

Probably won't take this trade because 125 pips of stop loss is too much for my stomach.
Comment:
We can wait for a better entrance at lower levels, but that will violate the support level making it harder to be a winning pattern.
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