KevinSinghDhaliwal
Short

GBPAUD Trade Setup + Update

FX:GBPAUD   British Pound/Australian Dollar
Hi everyone posted the pattern (blue) yesterday and we are in a profit for more then 300+ pips almost. The new setup is a cypher pattern (Red). I have marked four targets which in my opinion the price will go to. Lets see and Good Luck :)
moneymaking
2 years ago
Hey Kevin, your eyes are like hawk eyes, LOL. I would have never identified the red cypher pattern. Well done mate, Good luck :)
+1 Reply
KevinSinghDhaliwal moneymaking
2 years ago
Hi moneymaking I appreciate the words, did you catch yesterday's buy trade? and Good Luck to you too :)
+1 Reply
moneymaking KevinSinghDhaliwal
2 years ago
Unfortunately I did not :(
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KevinSinghDhaliwal moneymaking
2 years ago
Ahh lets see how this plays out
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jonatsgonats
2 years ago
2.00 now... what is invalidity area?
+1 Reply
moneymaking jonatsgonats
2 years ago
Hey jonatsgonats, I believe for cypher pattern the stop loss should be roughly 10 to 20 pips above the X point. Cheers :)
+1 Reply
KevinSinghDhaliwal jonatsgonats
2 years ago
Hi jonatsgonats, completely agree with moneymaking just around/above the x area
+1 Reply
moneymaking KevinSinghDhaliwal
2 years ago
Sorry for replying on your behalf. I hope you don't mind :)
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KevinSinghDhaliwal moneymaking
2 years ago
Hi moneymaking, not at all I appreciate your support and all your comments.
+2 Reply
Gekko.uk
2 years ago
My sell order was hit earlier at 2.0300. GL!
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KevinSinghDhaliwal Gekko.uk
2 years ago
Hi GekkoWs, yea it did go up from D leg but still valid in my opinion. Lets see and Good Luck
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All 4 targets hit.. Genius.
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KevinSinghDhaliwal PriceActionTrading
2 years ago
Hi priceActionTrading, the second pattern played out perfectly. Lets see how the current pattern plays out :)
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PriceActionTrading KevinSinghDhaliwal
2 years ago
It should play out. Eur and Gbp is a sell IMO.
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KevinSinghDhaliwal PriceActionTrading
2 years ago
Definately they seem to be coming down now
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RightMove
2 years ago
This was Niiiiice :)
+1 Reply
KevinSinghDhaliwal RightMove
2 years ago
Hi RightMove, this played out nicely. Third target was hit but price reversed. Still a good trade hit 3/4 targets :)
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snapshot
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anthony.pham00 PRO anthony.pham00
2 years ago
I like to look ahead a bit...still a fair way away for any cypher completion but good to keep an eye out.
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anthony.pham00 PRO anthony.pham00
2 years ago