We had a winning bearish Pattern setup on this pair. (Check related ideas about it.) We could go and wait for the potential bear cypher to complete to go short. Take note a break of the previous high would invalidate our potential bullish Butterfly pattern. We got short and long opportunity right here.
Trade active:
Bear cypher is completed stop loss above x point.
Trade closed: target reached:
Could take profits alraedy on the bear cypher. or go for an extended tp on the bullish Cypher.
Order cancelled:
For the long Cypher Pattern. Will post another setup on this market if there would be potential opportunity right here.
