Pattern Based Trading Setup - Short term
A potential Bearish Cypher pattern completion that is soon to be completed by which we could spot for a potential short/sell opportunity.
Trade details for target 1 is with a 1:1 Risk:Reward Ratio comes with a pips buffer if selling aggressively on the completion of the pattern. Conservative approach is to wait for the candle completion or any signals/confirmation that you could short the market with a tighter SL.
Trade details for target 1 is with a 1:1 Risk:Reward Ratio comes with a pips buffer if selling aggressively on the completion of the pattern. Conservative approach is to wait for the candle completion or any signals/confirmation that you could short the market with a tighter SL.
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If you have taken the bearish setup TP 1 and TP 2 is taken.