Hey guys. We got another short opportunity right here rather than the long opportunity we got still on this pair. Will it give us a retracement atleast. As of now a bear cypher completion is already completed. This would be in my watchlist as of the moment. I will wait for the HR 1 candle close and if it gives me a good Pinbar candle i can go and aggressively short the market with fixed targets. Stops must be above our X point. But as per candle, I could put my stops just above the candle if it gives me a good pinbar candle here on the HR1. Looking on some confluences too. That we also got LONG positions on the USDxxx pairs.
Comment
⋅
Waiting for the candle closing after 30 mins on the HR 1 TF.
Comment
⋅
Take note if you have taken the bear cypher pattern. We are near to TP1.
Comment
⋅
If you have taken the Bear Cypher. TP 1 is already attained!
Comment
⋅
If you have taken the Bear Cypher. TP 1 was already attained!
Comment
⋅
If you have taken the Bear Cypher. TP 2 was already attained!
Comments
Trader_Dale
⋅
I think now is a critical zone from which it may fall down. Best of luck mate! Are you in this trade?
TheForexSamurai
⋅
@Trader_Dale, Hi not yet mate. Im waiting still. But for an aggressive one. I could just go short and stops would be above X point. I could wait for a good candle break and close below the previous candle. With that I can may be go short. And stops could be adjusted instead above my X point. I could go and monitor it just above the candle.
Trader_Dale
⋅
@madi052893trading, Thanks for your response. Take care now, Trump is going to have a speech and markets could go crazy :)