Akil_Stokes

GBPUSD: Advanced Cypher Formation at Previous Support

Long
FX:GBPUSD   British Pound / U.S. Dollar
Last week I shared with you a video of a prediction made on the GBPUSD and what you could be looking for if you didn't get involved at the original entry. Well we never got the double bottom, however there is now a chance that we could see an advanced pattern formation complete in that same area.

The three ways to attack this trade would be

A) Strictly trade it as a Cypher Formation
B) Just use the Cypher Formation as the entry reason for the bigger structure based trade
C) Both

If you haven't seen it, make sure you check out the Live Periscope that I did yesterday called\
"9 Habits of High Achievers" www.youtube.com/watch?v=DcIPE_5Z...

Wishing you all a GREAT WEEK in the markets.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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