cypher pattern close to be completed. We will wait for confirmation before entering a move to the downside.
Enter this trade at 114.253 level. TP1 113.279 where I will close half of my position and move my SL to breakeven and let the 2nd half run to TP2 112.663
Nice Bearish Cypher on the way. PE at 0.87558 level with our TP1 at 0.86215 and TP2 at 0.85379. SL 0.88934
ABCD pattern formed here took an entry at 111.919 level and hit first TP1. SL was moved to breakeven and ride the 2nd half to TP2.
Pattern has been completed. I have place my entry at 1.62861 (88.6% of XA), SL will be 1.62162 and TP 1.64280.
Another successful trade here guys. I took my entry at 88.6% of XA with a stop at the lowest point D and TP at 61.8% of CD.
Just waiting on the pattern to complete and to get confirmation to the down side.