On the GBP/USD 1h chart we have a potential short opportunity at the D leg completion of a Cypher Pattern.
The price reversal zone on this pair is between 1.5099 & 1.5126
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com
The price reversal zone on this pair is between 1.5099 & 1.5126
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
Website.
www.UKForexSignals.com