Potential Cypher to go short on EURUSD
Cypher on the 1 Hour TF on the EURUSD. Personally, I have backtested with 3 targets on the cypher pattern and so trade it that way however you should always stick to your plan.
Target 1: 1.1261
Target 2: 1.1237
Target 3: 1.1199
For the stop loss, I use the average true range tool, set to a period of 7.
Good luck!
Target 1: 1.1261
Target 2: 1.1237
Target 3: 1.1199
For the stop loss, I use the average true range tool, set to a period of 7.
Good luck!
Orden cancelada:
Market moved down, and invalidated the C point.