HI all,
There's a potential cypher pattern long setting up on the GBPUSD 15M @ 1.4375.
There are a couple of ways to play this trade. You could use it as just a standard cypher or it could be used as an entry on a Trend Continuation Trade looking for a larger move to the upside. Remember to play what's in your plan and stick to your rules.
For the cypher pattern:
Stops below X
Target 1 @ 1.4407
Target 2 @ 1.4428
For the Trend Continuation Trade:
Stops below X
Target 1 @ 1.4448 (retest of previous high)
Target 2 @ 1.4491 (1.272 Extension)
Cypher targets will be adjusted should the pattern complete. Trend Continuation Trade targets are static.
There's a potential cypher pattern long setting up on the GBPUSD 15M @ 1.4375.
There are a couple of ways to play this trade. You could use it as just a standard cypher or it could be used as an entry on a Trend Continuation Trade looking for a larger move to the upside. Remember to play what's in your plan and stick to your rules.
For the cypher pattern:
Stops below X
Target 1 @ 1.4407
Target 2 @ 1.4428
For the Trend Continuation Trade:
Stops below X
Target 1 @ 1.4448 (retest of previous high)
Target 2 @ 1.4491 (1.272 Extension)
Cypher targets will be adjusted should the pattern complete. Trend Continuation Trade targets are static.
注文をキャンセル:
Ok this pattern has changed, so I will repost the analysis.
The C leg has now completed and is currently at market.