Hello my friends.
I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way.
I got my stop loss taken as it was my fault in positioning my entry and my stop loss.
I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD.
In my opinion short position is still interesting as bearish cypher pattern is still valid. It will only be invalidated by a movement above 1.2820
Sell GBPUSD 1.2700-1.2695
Stop loss 1.2820
Take profit 1 @1.2580
Take profit 2 @1.2460
Take profit 3 @1.2340
Good Luck
I posted about GBPUSD sell position on bearish cypher pattern before but it turned out i play it in the wrong way.
I got my stop loss taken as it was my fault in positioning my entry and my stop loss.
I am gonna try selling GBPUSD once again in a correct manner to trade cypher pattern as i just reviewed my last trade on GBPUSD.
In my opinion short position is still interesting as bearish cypher pattern is still valid. It will only be invalidated by a movement above 1.2820
Sell GBPUSD 1.2700-1.2695
Stop loss 1.2820
Take profit 1 @1.2580
Take profit 2 @1.2460
Take profit 3 @1.2340
Good Luck