Haven't started trading this year yet (trading starts next monday; this week it's "slowly" getting back in the various routines with work, gym, charting and market analysis but not placing trades) but spotted this opportunity to short GBPJPY for those of you trading Cypher patterns; which is also forming at a daily level of resistance
The pattern can be entered at market but you might want to check the stop size depending on your rules (I have a max stop size of 100 pips and this one is above my stop limit, so IF I was trading I'd have to wait for price to push a bit further up before getting involved).
Wishing you guys the very best for 2018 and may you succeed in the markets this year!
The pattern can be entered at market but you might want to check the stop size depending on your rules (I have a max stop size of 100 pips and this one is above my stop limit, so IF I was trading I'd have to wait for price to push a bit further up before getting involved).
Wishing you guys the very best for 2018 and may you succeed in the markets this year!