GBPUSD:1H Bat & Cypher

٢٥ مارس ٢٠١٦

If the market can close under 1.41070 then a valid Bat and Cypher pattern completion is present lower. For me, the Bat gives a better risk reward profile. My risk adjusted entry for the Cypher would close to the Bat anyhow. The Cypher is excellent confluence. Good luck trading!