Adaptation on a CYPHER Harmonic (21/07/19)
Updated
This is my adaptation on a Cypher harmonic and where i expect it to reach. I have taken the trade after spotting this a bit late however the Risk:Reward is still 1:1 what is acceptable as i believe that it should hit the Take Profit. I have set this slightly above the expected level to ensure it does not fall short by a few pips.
Trade active
Note
Stop Loss moved to ensure if trade reverses and goes the other way it will not be a loss only brake evenNote
Changed mind on previous change of Stop Loss - luckily i did as it seems i may have bee stopped out if i did...NOTE TO SELF :- Need to be confident that it will carry though as expected
Trade closed: target reached
Target reached, profit made as expected.Note to self:- trust in strategy as I know it show play out
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.