StevenH

CYPHER on GBPCHF

Long
FX:GBPCHF   British Pound / Swiss Franc
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

LINK: https://www.youtube.com/channel/UCGL9ubd...

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