Koryphaeen

GBPUSD cypher completed with strong RSI divergence

Panjang
FX:GBPUSD   Paun British / Dolar A.S.
1
I took this trade for several reasons:
- Cypher pattern completed and in my view is still a valid one (D leg did not passed X)
- strong RSI divergence at the bottom, which NSL could be only a bull trap for those who set a too close SL for the Cypher
- near double bottom with X and rejection
Details on the chart.

I took both Gartleys presented on the chart as well, making a superb profit on both.
Penafian

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