Potential Bearish Cypher near compleation

FX:GBPNZD   British Pound / New Zealand Dollar
86 5 6
If we get down to 1,8494 we have a completed cypher and an opportunity to go long.

I will front run my limit order by 4 pips. This is not a signal, nor should you take this idea for anything but an idea. I am in no position to tell anyone what to do. I only want to create discussion.
Order cancelled: Pattern never formed
Nice one Johan!!
johan.larsson Akil_Stokes
Thank you Akil,
May I ask if you have a maximum as far as stops go? I know some traders have a set amount of pips for stops, for example 100 pips. In this particular case stop is like 140 pips, so one would have to wait for the market to reach that zone before being able to enter. Do you have anything like that for your swing trades?
+1 Reply
Akil_Stokes johan.larsson
Yes, I need to stay under the 100pip threshold for my trades
johan.larsson Akil_Stokes
Thanks Akil
+1 Reply
Akil_Stokes johan.larsson
No problem. Keep the good trading ideas coming!!
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