GBPUSD: Advanced Pattern Confluence

FX:GBPUSD   Britisches Pfund / US-Dollar
Hi Traders,

Doing my pre-week analysis and found this nice looking setup. There is a Bullish Cypher and a Bullish Gartley completing at the same level at 1.29850. Keep in mind that the safest place for a stop on this setup is underneath the post-Brexit spike low on the far left of the chart. Depending on your risk threshold, this may or may not be a valid trading opportunity.

Entry: 1.29850
Stop: 1.28300
Target 1: 1.31690
Target 2: 1.32860

If you found this idea useful, leave a like or comment, it is always appreciated.

Have a great trading week, and always stick to your trading plan!

Trade ist aktiv: Entry order hit.
Trade geschlossen: Ziel wurde erreicht: Target Reached :)
I like idea but doubt it on such short time frame. Possibly on daily
You're welcome. Do you only trade from the higher timeframes (Daily, Weekly)?
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