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GBP.USD - BEARISH CYPHER SETUP - 1.2570

On the GBP.USD 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 1.2570 & 1.2732
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 at around 1.2080
Stop loss would be placed above X leg structure resistance .

Target 1 - 1.2345
Target 2 - 1.2201
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5 EASY STEPS TO TRADE THE GARTLEY PATTERN

5 EASY STEPS TO TRADE THE GARTLEY PATTERN
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Price approaching oversold on the 1hr chart.

ảnh chụp nhanh
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ảnh chụp nhanh
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Price has now broke above B leg resistance, a potential short opportunity early this week.
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D leg is now complete, potential short opportunity.
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If you entered the market at 1.2570 your target should now be attained.

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