We already have 3 confirmation points for a bullish Cypher pattern, which is forming at key support/resistance leves: if price arrives to 1.2954 as expected, it could be a very good level for entering long positions
For now:
Shorts
Entry point: current values.
SL: 1.3460
TP: 1.2954
Longs
Entry point: 1.2965
SL: 1.29
TP1: 1.3140
TP2: 1.3195
TP3: 1.3255
For now:
Shorts
Entry point: current values.
SL: 1.3460
TP: 1.2954
Longs
Entry point: 1.2965
SL: 1.29
TP1: 1.3140
TP2: 1.3195
TP3: 1.3255
Trade ativo
Shorted at 1.3306Nota
I think they are trying to shake all people who were playing the H&S setup. The H&S worked quite well in the past but nowadays is very dangerous: market guys are playing very frequently against this setup, hunting stops and buy orders.If this is correct, we may even see a double top today
Nota
Hourly candle has to close below 1.3280. Will add shorts on re-testNota
Heading to point D. All shorts to breakeven!Trade fechado: objetivo atingido
Closing almost all shorts, leaving 0.25 lots for a hedge as I enter 0.25 lots long hereNota
Adding longs here. SL: 1.29Nota
All longs to breakeven, eventually we are heading to TP1. Will add more on the nearest correctionTrade fechado manualmente
Wonder if pattern has been invalidated... My long was closed on breakeven. I think it is necessary to watch how the day closes. The waterfall was due to the Foreign Office head message that article 50 will be activated by the neginning of 2017.
Brexit is here, hasn´t gone anywhere and market will use every mention of Brexit to smash the GBP or lift it up.
Nota
We are not moving anywhere since days ago... Looks like 1.30710 is a wall right now. Will try tiny longs next week
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
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Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.