Advancedpaternformation
AUDUSD LONG CYPHER PATTERNNice Cypher Pattern with Risk/Reward Ratio: 1 - 1.5
ALREADY FILLED!!! If you get in NOW, then risk/reward ratio will be BETTER!!!
Take Profit @ 0.7226
Entry @ 0.7183 BUT NOW INS ENTRY @ ~ 0.7170
Stop Loss @ 0.7153
(4h) Bearish Structure, Bearish Pattern and Bearish BreakoutFX:EURCAD
Will it sink into previous Structure low's or to previous highs?
Safe Trades;
MINI USDJPY batt patternhello dear traders
just in the middle of the trade of the large USDJPY batt pattern
another smaller one got into the formation
targets as per the showing
Another potential cypher pattern on the Dollar YenIts pretty rare to get a couple of cypher patterns to form so close to each other on the hourly chart but it looks like we are going to see another one pretty soon. Yesterday we had one complete and hitting target one after dealing with a little bit of pain. The way I trade advanced patterns is by moving profit targets so they are always the 38.2% and 61.8% of the C-D leg. For this pattern, initial entries will be 117.85 and target one will be 117.57. Stops I believe should be above structure to the left but do what your plan says, my stops are at 118.28.
GBPUSD: 4 Hour Potential Bullish Cypher FormationPotential Bullish Cypher Formation @ 1.4398. Because of the amount of risk on this trade I won't be entering at the normal "D" completion point, rather a lower level within the killzone.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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