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Trader-Mick
Dec 15, 2015 1:57 PM

Eurjpy Bullish Cypher Setup Long

Euro Fx/Japanese YenFXCM

Description

Hey traders, Alongside with my Eurcad Gartley setup, I have another setup in this pair in the hourly chart, a Bullish cypher pattern completing at 132.669 and stops should be at 132.299 and First target would be @133.107. After installing the New structure high we have another impulse we made higher high with a close confirming that an uptrend is active.

Order cancelled

Entry was missed by a pip. The idea over all was a good one.
2nd Target was hit.
Comments
Alexander_Nikitin
Didn't understand the description, mate)
Trader-Mick
The price action created a new structure high first followed by a correction then another impulse to the upside. which gave us two impulses, meaning we have an uptrend at the moment, and we also have the opportunity to buy because of the bullish cypher pattern. Hope you understood.
Alexander_Nikitin
Oh, nice. Now my eyes opened and I have become a professional)))
Trader-Mick
Good for you then.
Alexander_Nikitin
EC gartley triggered
Trader-Mick
Yes triggered.
Alexander_Nikitin
Why did you apologize for the gartley?
Alexander_Nikitin
Sorry, Instead of "Alongside" I read "Apologize")) LOL))
Trader-Mick
Hahah!!!!!!!! Its alright!
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