captain_smollett

EURUSD. Cypher or a simple ABCD?

FX:EURUSD   Euro/U.S. Dollar
Looks like we will know the answer soon. I will try a tiny long at 1.0936. SL: 1.09
Comment: Points in favor of a Cypher: Bullish divergence on Daily TF
Points in favor of an ABCD: pattern targets were reached on Brexit voting night, also DXY shows more upside willing
Comment: Brexit low taken out, price closed near LOD. Expecting a pullback to 1.093 and will trade lower, targeting 1.071
Trade active: Shorted 1.093. SL: 1.1010, TP: 1.071
Comment: Hasn´t triggered my SL yet but I think it should re-visit to 1.10 area. Will do something which nobody has to do which is moving my SL to 1.1080 on Monday opening
Trade closed: stop reached: Never move a Stop-Loss...
Comment: From 1.10 to 1.13 and back to 1.09 in a single day... Insane cleanup!
Trade active: Long 2*0.25 lots at 1.071. SL: 1.05. TP1: 1.14, TP2: 1.22
Comment: Almost stopped out =(
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