Price has completed a bullish cypher pattern at a key level (long term uptrend). It's a good idea going long with profit targets and stoploss as shown at the chart.
Long term uptrend:
Like and follow for updates..!
Long term uptrend:
Like and follow for updates..!
Trade closed: target reached:
In a very short period of time our first target reached..
Trade closed: target reached:
Second target reached.. We may now move stoploss to breakeven for a risk free third position
Trade closed: target reached:
Clicking play doesn't load all of the bars, but the point is that price has reached the third and final target for a 5:1 risk/reward. Although these setups add massively to our accounts, there are some traders around who get upset with these setups only because they won't have the opportunity to troll. Anyway well done for those who followed :)