Price has pushed beyond the B-leg to hopefully complete a bearish Cypher pattern.
The market is generally trading downwards on this pair, which gives me even more confidence on this one as it is in the direction of the underlying trend.
The market is generally trading downwards on this pair, which gives me even more confidence on this one as it is in the direction of the underlying trend.
Order cancelled
As price still haven't reach my entry, I cancelled my order due to NFP.I might put it on again after NFP if the Cypher is still valid, but I doubt that it will be. :)
Better safe than sorry.
Note
NFP didn't move price as massive this time, so I've put my pending orders back on.
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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.