GBPUSD 15M - Potential Cypher Pattern Short @ 1.4262

13 Nis 2016

Hi all,

Looking at a potential Cypher pattern short on GBPUSD 15M @ 1.4262.

Stops above X
Target 1 @ 1.4239
Target 2 @ 1.4225

For Target 2 you could arguably let it run looking for a retracement to previous 60M structure @ 1.4050 but trade your plan!

13 Nis 2016

Not

This has now become a Bat pattern offering a better entry point @ 1.4269

15 Nis 2016

Emir iptal

Didn't get around to updating this but obviously the pattern is now invalid