EverythingForex

TRADE: EURUSD: BUY@1.11660 LONG on cypher + 15M Crab

לונג
FX:EURUSD   יורו / דולר אמריקאי
I am now LONG on this pair by way of the completed bullish cypher and now with confirming bullish PA in lower TF having now setup a POTENTIAL bearish crab pattern. However, I don't intend to trade the crab completion as this is a !5M crab which I don't trade on the 15M TF. But I am using the crab as a bullish confirming signal to go LONG. Likewise, I will be using the crab's X point as my stop on this trade. Yes, the stop is very tight so as to minimize the loss. I am doing it this way because the stops on the cypher pattern is pretty large (+90 pips) and I wanted to cut down on that. Should prices go down more and invalidate this crab, then I will be out and waiting for another bullish signal.

SPECIAL Report on the S&P 500. Read it here. It's FREE: bit.ly/2KGJ409spx818
Mailing list: bit.ly/2iNieEY
Facebook Group: www.facebook.com/efxselect
Twitter: @andrewefxselect
Website: www.efxselect.com
כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.