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Alexander_Nikitin
May 16, 2018 12:42 PM

gbpaud.cypher Long

British Pound/Australian DollarFXCM

Description

a potential bull cypher advanced formation is setting up. Looking for reversal signals within the buy zone. The best execution timeframe for this size of a pattern is 15M.

Comment

Now the pattern is complete because price entered the buys zone. Looking for a reversal candle on 15M timeframe.

Trade active

Orders executed. Notes on the screenshot:

Trade closed: target reached

taget one is hit. half of position is closed. Moved the stop of the second half to breakeven.

Trade closed manually

the second half closed breakeven:
Comments
jezz707
Do you consider it goes to target 2?
jezz707
@jezz707, sorry I ain't seen the update, I got it
Alexander_Nikitin
@jezz707, you are welcome:)
RAMbelhaj
so again long? now
Alexander_Nikitin
@RAB2018, nope. position is closed.
RAMbelhaj
Alexander_Nikitin
@RAB2018, you are welcome:)
kyemcrnz
Where I can learn these patterns,sir? I like your style and I want to analyse markets the way you do.
Alexander_Nikitin
TanveerAlam
tp1 Hit. awesome
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