Hey traders! We have a new structure low which invalidated the previous uptrend, We have a potential bearish cypher pattern @0.67618. Sell limit order is placed and will take the profits at 1.67169 and stop loss @0.67942.
Kommentar
⋅
Trade active. Initial Target 0.67169 ( sorry for the wrong quote on the chart)
Trade geschlossen: Ziel wurde erreicht
⋅
Missed the Target by 9 pips. It was a good try though. Do not worry! There will be winners coming too.
Trade geschlossen: Stop wurde erreicht
⋅
Kommentare
edelweis
⋅
SL has just touched hiks hiks..
Trader-Mick
⋅
No problem mate! It was a good try! :) These cyphers have almost 60% accuracy hitting the 61.8 fibb. :) With more than 1:1 RR. Lets keep trading it.
MarshalTrades
⋅
Can i enter this trade ?
Trader-Mick
⋅
I am still in this trade! But the X point is invalidated now the pattern has less potential to hit the take profits. Its upto you :)
cash0032
⋅
.67169 target still?
Trader-Mick
⋅
Yes, As long the stops are not hit, the target remains the same.
maxandmax
⋅
Hi... I was waiting for that kind of confirmation ... I'm with U ... enter : 0.67582 Three times touch a Top line ... fourth time will total failure and then will goes fast down ....dwq4do82y8xi7.cloudfront.net/x/zBqi0iQ1/
Trader-Mick
⋅
Hey, Thanks for confirming. I was more keen to post this idea because that resistance, Target was missed by 8 pips or so. Now Bull bars are in action, would be interesting to see the results.
UnknownUnicorn213351
⋅
Nice idea. It doesn't fit within my required RR in my trading plan, but i love watching these develop.