amit.sondhi2

GBPUSD: CYPHER PATTERN59

Short
FX:GBPUSD   British Pound / U.S. Dollar
Potential Cypher pattern on daily chart.
RSI is overbought.
Major Resistance at 1.5994

Entry-1.5920
Stop loss-1.6188
1st Target-1.5401
2nd Target-1.5077

Stop loss in pips-268
1st Target in pips-519
2nd Target in pips-843
When 1st Target is hit move your stop loss to Entry point for risk free Trade.

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