Here is a bullish cypher pattern. Entry, Targets, & Stop Loss:
Entry = "D" Point
Target 1 = 382 Retracement of CD Leg
Target 2 = 618 Retracement of CD Leg
Stop Loss = 10 pips BELOW "X" Point
*Close out half position at Target 1 and move Stop Loss to Break Even for remainder of trade.
Entry = "D" Point
Target 1 = 382 Retracement of CD Leg
Target 2 = 618 Retracement of CD Leg
Stop Loss = 10 pips BELOW "X" Point
*Close out half position at Target 1 and move Stop Loss to Break Even for remainder of trade.
Trade closed: target reached:
*Target 1 ACHIEVED*
Close half position and move STOP LOSS to Break Even.
Congratulations to those who took this trade.
Close half position and move STOP LOSS to Break Even.
Congratulations to those who took this trade.