Hey Trader,
We have a bullish Cypher pattern forming here on USDJPY with D leg completion at 109.130.
I am currently in the process of back testing Cypher, Gartley and Bat patterns with the intention of adding at least one of these strategies to my current trading repertoire. Only take trades if they meet you pre-determined trading requirements and trade plan. If you don't have a clear trading plan, please get one, it has made all the difference to my trading performance.
Entry: 109.130
Stop: 108.620
Target 1: 109.68
Target 2: 110.00
Good trading for the week ahead,
Luke
We have a bullish Cypher pattern forming here on USDJPY with D leg completion at 109.130.
I am currently in the process of back testing Cypher, Gartley and Bat patterns with the intention of adding at least one of these strategies to my current trading repertoire. Only take trades if they meet you pre-determined trading requirements and trade plan. If you don't have a clear trading plan, please get one, it has made all the difference to my trading performance.
Entry: 109.130
Stop: 108.620
Target 1: 109.68
Target 2: 110.00
Good trading for the week ahead,
Luke
Ordre annulé:
Cypher Pattern invalid, C leg does not reach 127.2% extension of the XA move. Apologies for posting invalid pattern, need more practice identifying advanced patterns!