Stick to the plan - 3/3

FX:EURUSD   Euro / U.S. Dollar
176 8 3
And last on my radar, another Cypher on EURUSD             H1.

A good looking one if it completes.

Good luck in the markets today. Plan your trades and trade your plan !
Order cancelled: Pattern is invalid because the C leg closed beyond the 1.414 of the XA leg (though it's really obvious I somehow missed it. Tks to johan.larsson, fellow trader who pointed it out)
Comment: As price is pushing up, while invalid on the H1, it is a perfectly valid Cypher on the H4.
Orders placed, waiting to get filled.
Trade active: Got filled overnight @ 1,1190
Trade taken on the H4 (pattern invalid on the H1)
Trade closed: target reached: T1 hit : +50 pips
There is a bull bat @ 1.1053 X @ 1.1046 on 15m. Just double check the B point
+1 Reply
Tks for your input. Not trading BAT patterns yet (in my backtesting list :) )
rozela99 journeyofarookie2.0
Your Welcome. ok cool.
I looked at that one too, but, doesn´t the C-leg close beyond 1,414 ?
+1 Reply
journeyofarookie2.0 johan.larsson
Just double checked and you're totally right Johan. Don't know how I could have missed that ... tks buddy !
johan.larsson journeyofarookie2.0
Hey man, no problem. When I measure incorrectly,you tell me :)
+1 Reply
journeyofarookie2.0 johan.larsson
As price is pushing up I checked it out again. While it's invalid on the H1, it is a perfectly valid Cypher on the H4.
At market now (just missed my entry by a cople pips, let's see if I get filled or not)
johan.larsson journeyofarookie2.0
Yeah, saw that one too.....
I am not trading H4. But it´s always good to train that eye to spot patterns :)
+1 Reply
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