Market is putting a series of Lower Low Lower Closes so we are in a bearish trend, right?
I'm looking for a potential cypher pattern on 15 M(you can see it better on 5M chart), that is aligned with the underling trend(blue lines).
I will be targeting retest of A leg for 1st position. For my second position I will target next structure level and I will trailing my stop.
Entry @ 1.1272
Stop @ 1.1291
Intial Target 1 @ 1.1234
Initial target 2 @ 1.1214
Good Luck!
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I'm looking for a potential cypher pattern on 15 M(you can see it better on 5M chart), that is aligned with the underling trend(blue lines).
I will be targeting retest of A leg for 1st position. For my second position I will target next structure level and I will trailing my stop.
Entry @ 1.1272
Stop @ 1.1291
Intial Target 1 @ 1.1234
Initial target 2 @ 1.1214
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
Trade active
Comment:
Stops are moved to break even.