Market is putting a series of Lower Low Lower Closes so we are in a bearish trend, right?
I'm looking for a potential cypher pattern on 15 M(you can see it better on 5M chart), that is aligned with the underling trend(blue lines).
I will be targeting retest of A leg for 1st position. For my second position I will target next structure level and I will trailing my stop.
Entry @ 1.1272
Stop @ 1.1291
Intial Target 1 @ 1.1234
Initial target 2 @ 1.1214
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
I'm looking for a potential cypher pattern on 15 M(you can see it better on 5M chart), that is aligned with the underling trend(blue lines).
I will be targeting retest of A leg for 1st position. For my second position I will target next structure level and I will trailing my stop.
Entry @ 1.1272
Stop @ 1.1291
Intial Target 1 @ 1.1234
Initial target 2 @ 1.1214
Good Luck!
If you'd like to see more good trading ideas from me, click the "Like" button!
Trade active
Note
Stops are moved to break even.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.