Guys, a potential cypher advanced formation is on my radar. Targets on the chart are not conventional ones. They are only mine.
Trade active:
orders triggered
Trade closed: target reached:
Conventional TP#1 (0.382AD) level is hit. If you, guys, trade cyphers according to traditional rules you are to close half of your position and move the stoploss of the remaining half to breakeven.
Trade closed: target reached:
Conventional TP#2 (0.618AD) level is hit. If you, guys, trade cyphers according to traditional rules you are to close the rest of your position. I personally will hold mine to see if the highs will be hit.