Hi all,
Looking at a potential Cypher pattern short on GBPUSD 15M @ 1.4262.
Stops above X
Target 1 @ 1.4239
Target 2 @ 1.4225
For Target 2 you could arguably let it run looking for a retracement to previous 60M structure @ 1.4050 but trade your plan!
Looking at a potential Cypher pattern short on GBPUSD 15M @ 1.4262.
Stops above X
Target 1 @ 1.4239
Target 2 @ 1.4225
For Target 2 you could arguably let it run looking for a retracement to previous 60M structure @ 1.4050 but trade your plan!
Note
This has now become a Bat pattern offering a better entry point @ 1.4269Order cancelled
Didn't get around to updating this but obviously the pattern is now invalid
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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.