Cypher pattern setup on GBP/USD 30 min timeframe
Updated
Looking for price to run up a little further into the 78,6% retracement from the X to C leg. ( 1.4321 ) to complete this bearish Cypher pattern.
Place stop above X and profit targets at the 38.2% and 61.8% retracement from the C to D leg.
Watch out for the news thats is coming out, better to wait what happens.
Always looking for feedback on my analysis, so be sure to comment !
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Place stop above X and profit targets at the 38.2% and 61.8% retracement from the C to D leg.
Watch out for the news thats is coming out, better to wait what happens.
Always looking for feedback on my analysis, so be sure to comment !
Follow me on twitter : twitter.com/PalmTreeTrading]PalmTreeTrading/
Follow me on Tradingview : tradingview.com/u/PalmTreeTrading/
Followme on Instagram : instagram.com/palmtreetrading/
Trade closed: target reached
Another target 2 winner !
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