GBP/USD:SHORT From CYPHER Pattern Resistance FIBO Area SELL
GBP/USD Cypher pattern completed in Resistance Area. The Pattern formation is also inside the Fibonacci area between 50% and 61.8% and the price had a Rejection on the Dynamic Trendline. The Ichimoku is still Bearish and the RSI got a Strong Divergence meanwhile the Stochastic is still in the Overbought area, ready to fall.
Note
Note
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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.