Bearish Gartley (red pattern) was completed and price moved lower like expected. Now Bullish Bat (green pattern) has been completed and it´s time to look opportunity to go long. Risk/reward is OK and there´s a chance that price will move upside and complete bigger bearish Cypher pattern (blue pattern) @1.5370. If price moves to Target 1 the stops should be moved to break-even. Then it´s just a waiting game...
Trade active:
Long @ 1.49919
Trade active:
Closed half of my position. Made 85 pips:)
Trade closed: stop reached:
Stop was reached at break-even level.
