Had been waiting for that Cypher to complete and get in for a long opportunity on that pair.
Since the stop was a bit bigger than 100 pips, order was placed a bit lower to get my entry at 98 pips stopm which allows also a 1:1 risk to reward which is not so often on the Cypher (typically an inversed risk-reward ratio on that pattern)
Since the stop was a bit bigger than 100 pips, order was placed a bit lower to get my entry at 98 pips stopm which allows also a 1:1 risk to reward which is not so often on the Cypher (typically an inversed risk-reward ratio on that pattern)
Trade active
Trade closed: target reached
Target 1 reachedTrade closed: target reached
Target 2 reached : total of 150 pips
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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.