GBPUSD - Strong Bullish Cypher harmonic pattern

FX:GBPUSD   British Pound / U.S. Dollar
Description: FXAndalanBangsa found a potential Bullish Cypher Harmonic Pattern formation on H1 Chart Timeframe. A potential bullish correction is predicted at D.

Bullish Cypher harmonic pattern .

Bullish Max Dragonfly Pattern

Bearish pin candle yesterday.

Order Pending Buy GBPUSD @ 1.28142
TP @ 1.28932 (79 Pips)
SL @ 1.27592 (55 Pips)

RR: 1.44, SWING Setup!

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Comment: the market had risen to around 1.2876 (60 pips) but then fell around 1,283 (16 pips).


I think about Short at GBPUSD. In my opinion, there are some definite reasons for it, in my idea:

Do you agree?
+1 Reply
erbe AlexKuptsikevich
@AlexKuptsikevich, great ...
But You compare in two different TimeFrames. In my opinion, starting from today until the next few days the market will rise. See on H4 chart time frame.
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