Cypher at Daily structure
Updated
I tried to go short yesterday, but I missed entry by 3 pips.. (I will leave the idea below) However, the market now gave me another opportunity to go short. We have a Cypher pattern at market, and because of the analysis on the higher timeframe, I will take extended targets on this one.
1st Targets are going to be at the 38.2 as they normally are, but 2nd targets will be at a re-test of structure. Let's see if the market is nice with us and we can get a winner out of this. Following the plan!
1st Targets are going to be at the 38.2 as they normally are, but 2nd targets will be at a re-test of structure. Let's see if the market is nice with us and we can get a winner out of this. Following the plan!
Trade closed: stop reached
Now looking for only long opportunities
Related publications
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.