Cypher completes , Gartley takes over (Bearish) , Aud/Usd, 30min
My titles can be fancy as you can tell.
And on a more serious note, check out this trade.
We have a clear as day Cypher pattern completed , I picked up a nice 25% gain on that swing , then we see a fairly solid Gartley pattern complete right after (both Bearish)
Like all gartley patterns, i am trading it to the 1.618 extension of the BC leg.
I too the profit off earlier than I usually would on the cypher pattern , as you can tell from my long drawings. I took profit at the .618 extension rather than the 1.618. I took it off early because the trend wasn't in my favor to trade that big of a swing on a Cypher pattern , being that Cyphers are only accurate to the .618 extension.
Anyway i have place the usualy purchase actions here, please feel free to check it out , leave me a comment if you want numbers or anything , also like the post if you agree.
Don't forget to follow me for some awesome trades in the near future, and as always Good Trading!
And on a more serious note, check out this trade.
We have a clear as day Cypher pattern completed , I picked up a nice 25% gain on that swing , then we see a fairly solid Gartley pattern complete right after (both Bearish)
Like all gartley patterns, i am trading it to the 1.618 extension of the BC leg.
I too the profit off earlier than I usually would on the cypher pattern , as you can tell from my long drawings. I took profit at the .618 extension rather than the 1.618. I took it off early because the trend wasn't in my favor to trade that big of a swing on a Cypher pattern , being that Cyphers are only accurate to the .618 extension.
Anyway i have place the usualy purchase actions here, please feel free to check it out , leave me a comment if you want numbers or anything , also like the post if you agree.
Don't forget to follow me for some awesome trades in the near future, and as always Good Trading!
