LeoYao
Short

Blue Cypher Pattern is still valid

FX:GBPUSD   British Pound/U.S. Dollar
1064 14 23
Good to see that Blue Cypher pattern is still valid and do you find that today's price action just happened not very long ago? History always repeats itself in its own way.
Comment: If breakthrough point C, exit the market.
Comment: Still goes CD leg. No worry.
Comment: U see? Still drop back! Do not worry, patience pays.
Comment: Seems good support on 1.44
Comment: just hit yellow zone,1.4035 entered, hit1.425, 2 positions 375pips
GBPUSD Update
Comment: hit 1.431, 2 positions 495 pips.
Comment: 1.4387 hit, 2 position 649 pips earned. First target almost hit.
Comment: Hit 1.46726,TP1,Tp2all hit and almost TP3. In total 1219 pips.
Comment: 1.47452 hit, almost hit TP3,in total 1365 poips
GBPUSD Update
Comment: 1.47817 hit, TP3 achieve, in total1437 pips. rest just let the market decide.
GBPUSD Update
Comment: 1.49466 hit, almost TP4, in total 1602pips.
cypher has no a b point at 0.75 i think
Reply
LeoYao BLUE43
Hi Bro, you watch really so deep. :) thanks. Actually for this setup, even without cypher pattern, we still can expect it to drop to 1.404 as the horizontal support zone is still valid. :)
+2 Reply
next hit ? 1.453112 ?
Reply
LeoYao Julio
yes
Reply
drill LeoYao
Leo, do u think it will go to the second target directly or after returning to the support again?

I mean, is it reasonable to sell here and buy again at the support line?
Reply
LeoYao drill
my true suggestion to most of new trades is, if u r already inside GBP related trade, protect urprofit. And do not add new trade on it. If u want to add,please after the Brexit. Hope this help u. Risk control is the first step of winning, bro
Reply
drill LeoYao
I don't do forex trades, I don't have forex account. I only have GBP in my bank account which I bought for 1.444 USD. I am not sure about waiting for a rise to 1.45- 1.47 or selling now and buying with a low price again.
Reply
LeoYao drill
Hi Drill, u can try to change 1/2 of your overall money before brexit first. This can help u mitigate the forex risk.
Reply
drill LeoYao
Thank you Leo. This is a good idea. Thanks for your time and effort.
Reply
LeoYao drill
My pleasure as always.:)
Reply
Hi Leo whats your TP1 and TP2 targets?
Reply
LeoYao innocent
Hi, already on the chart. If you want to know how to get all the TPs, u can join my class, the fee is 1000USD i will teach u all
Reply
innocent LeoYao
Tx Leo....I am putting the money together...would love to
Reply
LeoYao innocent
Good to hear that. WIsh u a big win
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out