Update on NZDJPY Bullish Cypher. 1st Target hit
Updated
Following my earlier post on this pair, the market has come down a little deeper than i expected so I've adjusted my first profit target to 80.24, which just got hit for a 45 pips profit . The reason for that is because the first target is always the .382 retracement of the CD leg and because the market has come in a little deeper then our profit target has to shorten. Our stop loss has now been moved to break-even.
Trade closed: target reached
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