GBPAUD - CYPHER POTENTIAL SHORT - ADVANCED PATTERN
Hi Traders, just thought to get this one posted up. As we see price action forming a Cypher price action didnt close beyond the 1.414 Fib Ext from our XA Move
As always Entries Initial Targets and Stops on screen.
Keep in mind FOMC is due later and can have a big impact on movement, if your rules say not to trade during this period I would be wary on taking this trade, how ever if your in a position its always great to move stops to break even if your trades are in the green.
This pattern will be invalid if we close beyond the 1.414 of our C Leg or if price action moves beyond our X leg - whichever comes first.
As always Entries Initial Targets and Stops on screen.
Keep in mind FOMC is due later and can have a big impact on movement, if your rules say not to trade during this period I would be wary on taking this trade, how ever if your in a position its always great to move stops to break even if your trades are in the green.
This pattern will be invalid if we close beyond the 1.414 of our C Leg or if price action moves beyond our X leg - whichever comes first.
Transaction en cours
Order filled - Targets to be adjusted on a D Completion unless stops are hit. Whichever comes first.Note
Well that was short lived, seems the news went against this trade.Trade fermée: ordre d’arrêt atteint
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.