Had been waiting for that Cypher to complete and get in for a long opportunity on that pair.
Since the stop was a bit bigger than 100 pips, order was placed a bit lower to get my entry at 98 pips stopm which allows also a 1:1 risk to reward which is not so often on the Cypher (typically an inversed risk-reward ratio on that pattern)
Since the stop was a bit bigger than 100 pips, order was placed a bit lower to get my entry at 98 pips stopm which allows also a 1:1 risk to reward which is not so often on the Cypher (typically an inversed risk-reward ratio on that pattern)
Trade active
Trade closed: target reached:
Target 1 reached
Trade closed: target reached:
Target 2 reached : total of 150 pips