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FOREXN1
Sep 12, 2022 10:11 AM

GBP/USD:SHORT From CYPHER Pattern Resistance FIBO Area SELL Short

British Pound/U.S. DollarFXCM

Description

GBP/USD Cypher pattern completed in Resistance Area. The Pattern formation is also inside the Fibonacci area between 50% and 61.8% and the price had a Rejection on the Dynamic Trendline. The Ichimoku is still Bearish and the RSI got a Strong Divergence meanwhile the Stochastic is still in the Overbought area, ready to fall.

Comment

Comment

✅ SBANG !!!!

Comments
JoeChampion
What do you think about today's CPI?
FOREXN1
@JoeChampion, I think price will drop :)
Yelli_trades
I'm long for GU at the moment
FOREXN1
@DemoDiaryFX_Trading, Good luck!
Vibranium_Capital
nice one buddy
FOREXN1
DeGRAM
Thank you for sharing your analysis.
FOREXN1
@DeGRAM, Welcome !
Mihai_Iacob
Gnpusd is aporoaching important resistance.
It could reverse, indeed
FOREXN1
@Mihai_Iacob, cheers!
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