Hey guys, here we have a bearish cypher on a 1 hour chart with GBP/USD on a 1 hour chart.
Great selling opportunity with risk reward at 1:2
The valid measurements for a Cypher pattern are listed below
A-B: 0.382-0.618
B-C: 1.212-1.414
I hope you all have a good weeks trading and feel free to leave a comment below.