we have a bearish Cypher pattern NOW Bro on the 30 M
check it GBP-USD
Sierra117_Jon
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Good call as ever Mark
ItsJ_
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Thank you very much, I'm expecting it to test the line where I bought (where the green begins) you can jump in when it does if you have not yet. ^_^ let's make those profits ;)
Sierra117_Jon
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will look to do so :-) cheers.
Do you plot the harmonics and wait for price to come to you? As each leg of harmonics have acceptable ranges don't they. So on final leg would you have you buy area as the min/max of the acceptable range of the final leg?
ItsJ_
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I prefer to trade only once it has completed, some people like to jump in before, but i found higher success waiting for it to complete and then Jump in. ^^
Sierra117_Jon
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Cool, and do they always come back a second time like you are expecting this one to do? As that sort of thing is what normally wrecks me when i trade harmonics... always think i've gone wrong when it come back
ItsJ_
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I'd say they would on Average give you two or three chances of a entry. sometimes as soon as it completes it's just going and gone :P but usually not. two chances i'd count on most of the time.
Sierra117_Jon
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cool... this is starting to look like a going and gone one lol
check it GBP-USD