erbe

GBPUSD - Strong Bullish Cypher harmonic pattern

Long
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.

1 HOUR
Bullish Cypher harmonic pattern .

4 HOUR
Bullish Max Dragonfly Pattern

DAILY
Bearish pin candle yesterday.

LEVELS
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).

Comments

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.
Reply
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