1. Signal: Emerging bearish Cypher
2. Confluence: Regular divergence
3. Candlestick confirmation: Hammer
Short term strength provides a trading opportunity for long positions targeting the Cypher-pattern completion point.
Good luck to all trading GBP/USD in the following week!
2. Confluence: Regular divergence
3. Candlestick confirmation: Hammer
Short term strength provides a trading opportunity for long positions targeting the Cypher-pattern completion point.
Good luck to all trading GBP/USD in the following week!
Note
Just spotted the Shark pattern... Note
A falling wedges major confluence is a bullish regular divergence.. But look at that hidden divergence hiding behind it... 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.