GBPUSD: Advanced Cypher Formation at Previous Support

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" https://www.youtube.com/watch?v=DcIPE_5ZvG0

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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Akil Stokes -Head FOREX Trading Coach at Trade Empowered
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"Plan Your Trade, Trade Your Plan"

9 months ago
Head & Shoulder pattern of gu..

+2 Reply
9 months ago
Wow on the money. Great call!
+1 Reply
Akil_Stokes TOP tonyh1879
9 months ago
Are you talking about the Cypher or the structure call from last week?
tonyh1879 Akil_Stokes
9 months ago
The Long call
+1 Reply
Akil_Stokes TOP tonyh1879
9 months ago
If you're referring to this trade, the potential Cypher Formation never completed. So I appreciate the love, but this particular prediction never got triggered
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