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menyuken

Potential Cypher is ongoing in GBPUSD daily.

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
menyuken Updated   
FX:GBPUSD   British Pound / U.S. Dollar
cyper Head and Shoulders
7
0
cyper headandshoulders
As subject, we will have more clearer view for this Cyper after price exceeding 1.2451. On the other hand, there is a H&S pattern at the potential reversal area of the Cypher. Very nice and exciting huh? Let's wait and see the kindle reaction at each key area ;)
Comment:
Close to the Cypher completion point, wait kindle reaction...
snapshot
Trade active:
We got the reversal perfectly at the resistance structure which has FIBO cluster. The second short chance would be provided by the potential Cypher, good luck!
snapshot
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