Simple advanced pattern
trade here on the GBPCHF
. The CYPHER
is coming in at around 1.462s with stops below 1.542s and targets around 1.549s second targets would be at the . 618 retracement
but i do not trade a 2 target system. we were already close to being filled but i do not front run orders so i wasnt filled on this one yet. Im hoping that it comes back down to my entry before hitting the . 382 retracement
, but if it hits the .382 then no biggie i will just take off my orders.
Thanks for taking a look, Best of luck trading and if you are interested in learning more about advanced patterns then check this out