Another opportunity for short, SL and TP on chart.
As far all the Cypher patterns I have posted the last year reached their targets..
As far all the Cypher patterns I have posted the last year reached their targets..
Note
Following the rules of Cypher pattern we arein profit +50 pips. Market stopped 2 pips below the Stop Loss.
The general rule exiting from a pattern trade is +/-10 pips above/below X point
Note
1st Target reached +72 pips, move the SL of the second position to break even for a risk free trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.