Good Afternoon Traders,
A cypher pattern has completed on the GBP/USD 1Hr TF. The C leg came very close to closing above the 1.414 extension, luckily only wicks formed. My stop has been placed at the X leg, which also ties in with other key support/resistance zones.
First target - 1.23227
Second Target - 1.23678
Follow me on Twitter: BrightForex
Thanks and Good
luck! Ike :)
A cypher pattern has completed on the GBP/USD 1Hr TF. The C leg came very close to closing above the 1.414 extension, luckily only wicks formed. My stop has been placed at the X leg, which also ties in with other key support/resistance zones.
First target - 1.23227
Second Target - 1.23678
Follow me on Twitter: BrightForex
Thanks and Good
luck! Ike :)
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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.