USDCAD: REVENGE TRADE

18 Oca 2016

This situation appears quite frequently in the markets. I always take both patterns. The are four types of outcome here: 1) Bat loses and Cypher wins 2) Bat wins and Cypher don't trigger 3) Bat wins and Cypher wins 4) Bat loses and Cypher loses. The patterns are not anyhow interconnected to each other so the bat outcome doesn't influence the Cypher outcome. Outcomes #1 and #2 are the most common. Click "thumb up" if you find the information usefull. Click follow if you want to stay updated with my ides. You support is really important for me)

18 Oca 2016

Not

There is another outcome when no trades trigger.

19 Oca 2016

Not

Now bat pattern turned into gartley.

19 Oca 2016

İşlem aktif

gartley pattern was triggered.

19 Oca 2016

İşlem kapandı: hedefe ulaştı

gartley pattern took profit. Waiting for cypher pattern to trigger.

20 Oca 2016

Not

Cypher pattern didn't trigger.