JoMarshall

I'm Looking To Turn A Gartley Pattern Into A Cypher Pattern

Long
JoMarshall Updated   
FX:USDCHF   U.S. Dollar / Swiss Franc
Yeah you read the headline right and just in case if you were wondering I used to be a magician......nah i lied. Anyway let's pretend I was a magician and and you are about to witness something amazing where a gartley pattern suddenly turns into a cypher pattern the problem though is I have no idea how to do that but I followed something written in my trade plan that when a bullish pattern completes such as the gartley, there is a huge chance (usually about 60%) that the market is likely to reverse and go back up and if that ends up happening then depending on how far the D leg extends, we might have another bullish pattern called the cypher awaiting entry right at the top. If the D leg of the current gartley pattern extends beyond the 141 extension then the cypher pattern will become invalid and pain of the current bullish gartley trade is likely to intensify as the market will be flirting with our stop loss which is below the 141 extension. When is this dude going to shut up? ok fine you win, i better shut up now lol.

www.tradewithme.co.uk
Trade active
Trade closed: stop reached:
Quick and painless, just the kinda loss i like
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