We have a potential bearish Cypher on the HR4 (check related ideas). On the market movement to the downside. I am expecting for a potential movement to the upside (it could be either a pullback or so.) Price on the blue line are potential reversal (we have a zone, the line upto the x point of the pattern). and on the green line that's is the TP 1 and TP 2 which is the 38.20% and 61.80% respectively of the bearish Cypher on the HR 4.
PS: As of January we are having 3,673 pips gain and counting. You may check the related ideas for you to see it for yourself. Thank you and happy pippin'
PS: As of January we are having 3,673 pips gain and counting. You may check the related ideas for you to see it for yourself. Thank you and happy pippin'
Trade closed: target reached:
TP 1 of bull Bat hit!
Comment:
Take note of the Big bear cypher the pattern is still valid as long price stays below the X point.
Comment:
if you have taken the bear Cypher TP 1 is already reached duration of 12 days more or less for 235 pips more or less. Very good trade.
Trade closed: target reached:
If you have taken the Bear Cypher Pattern, you have attained TP 1 already. Take note of the Bull Cypher it is already invalid since the C point (ratios) is already invalid as said in my rules.