Hello traders, it appears GBP/USD has formed a bearish cypher pattern on the 1h chart. This is an excellent opportunity with a potential 150+ pip return!
The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786
@Walentine, you seem to be searching for these deliberately? It's up to you to manage your own positions, if you trade during high impact news it's your own fault for taking such losses... 3 other positions are running in 150 pips profit.