Cypher Pattern formed on this pair on 1 hour timeframe.
We will be waiting for a better entry reason because risk is over 50 pips which is higher than what we would like to have.
We might be looking at a double top.
If pair does not form a double top, we will be cancelling entry orders.
We will be waiting for a better entry reason because risk is over 50 pips which is higher than what we would like to have.
We might be looking at a double top.
If pair does not form a double top, we will be cancelling entry orders.
Trade closed: target reached:
Pair did form a double top considering the two green candles.
Targets reached and that was a pretty nice trade opportunity.
Targets reached and that was a pretty nice trade opportunity.