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LeoYao
May 22, 2016 7:28 AM

Blue Cypher Pattern is still valid Short

British Pound/U.S. DollarFXCM

Description

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

Comment

hit 1.431, 2 positions 495 pips.

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1.4387 hit, 2 position 649 pips earned. First target almost hit.

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Hit 1.46726,TP1,Tp2all hit and almost TP3. In total 1219 pips.

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1.47452 hit, almost hit TP3,in total 1365 poips

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1.47817 hit, TP3 achieve, in total1437 pips. rest just let the market decide.

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1.49466 hit, almost TP4, in total 1602pips.
Comments
innocent
Hi Leo whats your TP1 and TP2 targets?
LeoYao
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
innocent
Tx Leo....I am putting the money together...would love to
LeoYao
Good to hear that. WIsh u a big win
Julio
next hit ? 1.453112 ?
LeoYao
yes
drill
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?
LeoYao
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
drill
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.
LeoYao
Hi Drill, u can try to change 1/2 of your overall money before brexit first. This can help u mitigate the forex risk.
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