Apple22
Short

Cypher patternon daily chart

FX:EURGBP   Euro / British Pound
105 0 2
Going Short on EURGBP             Daily
Cypher pattern
Strong resistance @ 0.8000 (D or reversal zone)
Stoch moving to oversold (it will by the time it reaches D)
My Set up
Limit Short Entry @ D
one @ 0.7990 -/+ and one @ 0.8000 -/+
Stop loss above X (0.8060) My stop loss is larger for this trade due to next resistance which is a @ 0.8050
makes my risk reward average 1:1
target 0.7960 and 0.7930
Total Pips 30 + 60 =90 pips

Good Luck all
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out