GBPUSD, 4hr tf, Bearish cypher pattern short potential
Hello my friends.
I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way.
I got my stop loss taken as it was my fault in positioning my entry and my stop loss.
I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD.
In my opinion short position is still interesting as bearish cypher pattern is still valid. It will only be invalidated by a movement above 1.2820
Sell GBPUSD 1.2700-1.2695
Stop loss 1.2820
Take profit 1 @1.2580
Take profit 2 @1.2460
Take profit 3 @1.2340
Good Luck
I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way.
I got my stop loss taken as it was my fault in positioning my entry and my stop loss.
I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD.
In my opinion short position is still interesting as bearish cypher pattern is still valid. It will only be invalidated by a movement above 1.2820
Sell GBPUSD 1.2700-1.2695
Stop loss 1.2820
Take profit 1 @1.2580
Take profit 2 @1.2460
Take profit 3 @1.2340
Good Luck
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.