Gbp-usd-short
GBPUSD 15M - Potential Cypher Pattern Short @ MarketHi all,
Looking at a potential Cypher Pattern Short on GBPUSD 15M @ market.
Stops above X
Target 1 @ 1.4094
Target 2 @ 1.4080
Keep in mind that this pair has just come off previous structure support so the bounce up may be larger, but as always stick to your plan and trade your rules.
GBPUSD: Potential BATOn FX:GBPUSD , the market moves sideways on 1H bars, and it gives a great opportunity for harmonic traders to make money. The price going up and getting close to swing highs. That the zone where the most of the sell orders are placed and buyers are going to lock their profits. These actions cause the price drop. Moreover, the bat pattern finishes its D leg exactly the reversal zone (red box), which also gives a signal to go short.
T1 - 38.2%
T2 - 61.8%
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