GBPCHF > A Possible Bearish Harmonic Cypher Pattern..

Analysis on #GBPCHF

Possible bearish harmonic Cypher pattern might complete near the strong trend line resistance also 1.2600 number.

Plan:

>> If the market provided me a bearish reversal pattern confirmation on the 4-hour time frame I will then look to get in a sell entry with a good risk to read ratio

>> If the market fails to provide me a confirmation for entry and continued up and closes above 1.2650 then this idea is not valid anymore.
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**