Joseph_Yabwa
Short

Bearish Cypher Pattern on GBPUSD

FX:GBPCHF   British Pound / Swiss Franc
There has been a lot of advanced patterns this week and we have another one here in the form of a bearish cypher pattern on GBPCHF so let's see what the market will do.
Trade active
Trade closed: target reached: 1st Target off For 30 Pips
Trade closed: target reached: Target 2 Off for 50 Pips

Comments

I apologise for the typo on the title. It should be GBPCHF not GBPUSD
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Do you also look for patterns in higher timeframes like 4 hr. or 1 day charts?
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@rucailo, Yes I do but only if my stop loss will not exceed 100 pips.
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Very nice!
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Moving as predicted...
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