FX:NZDUSD   New Zealand Dollar/U.S. Dollar
769 13 37
We have a bullish cypher which formed, A good potential buy could be seen here.

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Comment: Stop loss hit!
Trade closed: stop reached
Well price has back down at 0.67360 and up after and now down that invalided a cypher pattern, but it doesnt mean that price can make some reverse from this point
+1 Reply
Correct.
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ganesa.ram morshedul.sazid
I gave a buy order in nzdusd can i wait
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ganesa.ram ganesa.ram
i gave a buy order at 0.67414 so can i stay in it or the market is going short oppurtunity
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price first came down to 0,67344 wich was a bit higher than cypher entry. cypher entry was at 0,786XA wich was 0,67340. the first attempt didn't completed the cypher. now it is completed. but if your broker provided the quote of 0,67340 then you are right, your cypher already took its profits)
+1 Reply
morshedul.sazid Alexander_Nikitin
Thanks for the explanation Alex :)
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BLUE43 TOP morshedul.sazid
now we have a butterfly on it
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Sure we do, I do not trade the butterflies :) i was stopped out here, but its fine with me. :)
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BLUE43 TOP Alexander_Nikitin
its not a cypher bro maybe a butterfly
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Im long in the NZDUSD also:

Perfect gartley pattern completion on nzdusd
+1 Reply
morshedul.sazid cperezmontilla
looks good! :)
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Alexander_Nikitin morshedul.sazid
no, it doesn't look good))
+1 Reply
cperezmontilla Alexander_Nikitin
Any particular reason doesn't look good to you?, well the trade work for me it hit my first target with 120 pips profit...
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