GBPUSD 60M - Potential Cypher Pattern Short @ 1.3496
Updated
Hi all,
We came close a little while ago to entry for a Cypher pattern short on GBPUSD 60M @ 1.3496. Technically the pattern is yet to complete but if you front run your orders you may already be filled.
Stops above X
T1 @ 1.3446
T2 @ 1.3414
As always targets will be adjusted should the pattern complete. Should we reach T1 before the pattern technically completes I will consider this pattern fulfilled due to getting so close to entry.
We came close a little while ago to entry for a Cypher pattern short on GBPUSD 60M @ 1.3496. Technically the pattern is yet to complete but if you front run your orders you may already be filled.
Stops above X
T1 @ 1.3446
T2 @ 1.3414
As always targets will be adjusted should the pattern complete. Should we reach T1 before the pattern technically completes I will consider this pattern fulfilled due to getting so close to entry.
Trade active
Filled @ 1.3495T1 hit at 1.3446 for +49 pips
Trade closed: target reached
Came close to hitting stops at break even but missed by 1 pip then T2 hit for +81 pips.
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.