Hey traders! We have a bearish trend in hourly chart and we see a potential bearish Gartley setup. Entry point is @ 87.235 and Stops and targets are given. Do not forget to look at my Santa. Thanks.
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Cypher is even better.
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Took the Cypher pattern!Note
I request to take the cypher pattern, because price action was pretty much moving sideways for many hours and its unlikely to reverse within that small zone, So request to take the cypher pattern.
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Cypher trade: Break even the position. its 20 pips from the entry point.Trade closed: target reached
48+ pips from the Cypher. I mentioned it that I did not take the Gartley and recommended to take the Cypher pattern beause the price action was moving sideways for a long time.
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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.