Hello traders, this morning I caught this cypher pattern on EURGBP daily timeframe..IF the price can get to the 786 retracements of X-C leg, THEN we can enter a short at 0.7998..stop loss must be above X..targets as shown on the chart..good luck :)
By the way, this just a reminder to all traders..dont simply follow the other traders ideas blindly if its not fits your trading rules of engagements..just trade what you have on your trading plan..thats be better..cheers guys :)
Trade closed: target reached
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both targets was just been hit..a good painless trade..+267 pips ;)