Long on the Cypher Pattern with 1:1 or wait for confirmation
If you have taken the Bullish 5-0 Pattern (check link to related ideas below) you have already stopped out. Hence the pattern itself is aslready Invalid. Right now we could go and form a potential Bullish Cypher Pattern that will compete at 1.6273.
Cypher Pattern PRZ: 1.6230 - 1.6273. Stops would be below X and/or could be atleast 1:1 RR with TP1.
TP1: 1.6353
TP2: 1.6402
Cypher Pattern PRZ: 1.6230 - 1.6273. Stops would be below X and/or could be atleast 1:1 RR with TP1.
TP1: 1.6353
TP2: 1.6402
Yorum:
If you have taken the Cypher Pattern Setup. Your TP1 is already attained.
Yorum:
If you have taken the Cypher Pattern Setup. Your TP2 is already attained with 2 pips away (considering the spread (ask and bid price) before market reverses.
