On the GBP.USD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 1.2248 & 1.2198 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 setup placed at the .382% and .618% retracement of the C to D move. There is also opportunity to look for extended targets back into 1.2410 Stop loss would be placed below X leg structure support .
Target 1 - 1.2318 Target 2 - 1.2361
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5 EASY STEPS TO TRADE THE GARTLEY PATTERN
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Have a great week traders!
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D leg is now complete at 1.2248
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Potential long entry from this pair.
订单已取消
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Position has now exceeded the X leg, no position will be taken on this pair.
@PharwadeeEifZa, I do believe it will consolidate but its not a position i would be looking to take now it has exceeded the X leg
AndyJoan
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@tomhall, it is unbelievable what is happening with this pair. all Timeframe are showing a short. it seems like the bullish will only happen in the end of the week
UnknownUnicorn180388
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@AndyJoan, I personally didn't get long on this pair as it didn't fit my rules to do so.