ColossusFX
Long

GBPCHF - Perfect Cypher

FX:GBPCHF   British Pound / Swiss Franc
Near perfect Bullish Cypher .
Thanks for the comment, never trade the cypher, was just a quick pattern I noticed!
I can see what you mean, even the close is just above 1.414...
Does depend on how strict you are with pattern points though..
:)
+1 Reply
hirobo ColossusFX
Hi Tiberious and ColossusFX, this is an interesting discussion. I will aim TP1 at 1.4041 and TP2 at 1.4256 while SL at Point X. RR ~1:1. Let review this at end of the month =)
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hirobo hirobo
Hi Tiberious and ColossusFX, TP1 and TP2 hit. Have a good weekend =)
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Sorry bro but your C point exceeds 1414 mark, closing beyond, this invalidated most people's versions of the Cypher.
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