Hi Traders,
Doing my pre-week analysis and found this nice looking setup. There is a Bullish Cypher and a Bullish Gartley completing at the same level at 1.29850. Keep in mind that the safest place for a stop on this setup is underneath the post-Brexit spike low on the far left of the chart. Depending on your risk threshold, this may or may not be a valid trading opportunity.
Entry: 1.29850
Stop: 1.28300
Target 1: 1.31690
Target 2: 1.32860
If you found this idea useful, leave a like or comment, it is always appreciated.
Have a great trading week, and always stick to your trading plan!
Luke
Doing my pre-week analysis and found this nice looking setup. There is a Bullish Cypher and a Bullish Gartley completing at the same level at 1.29850. Keep in mind that the safest place for a stop on this setup is underneath the post-Brexit spike low on the far left of the chart. Depending on your risk threshold, this may or may not be a valid trading opportunity.
Entry: 1.29850
Stop: 1.28300
Target 1: 1.31690
Target 2: 1.32860
If you found this idea useful, leave a like or comment, it is always appreciated.
Have a great trading week, and always stick to your trading plan!
Luke
Trade active
Entry order hit.Trade closed: target reached
Target Reached :)
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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.
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.