TheForexSamurai

SHORT then LONG opportunity right here in the Cable Intraday TF

TheForexSamurai מעודכן   
FX:GBPUSD   לירה שטרלינג / דולר אמריקאי
13
Hi guys this would be my last setup for the week then have a great and good weekend!

Take note of the potential bullish Cypher pattern. As you can see price is respecting a lower TL. A break below the trendline will give us a BO and an opportunity to go SHORT. Same on the potential Bearish Gartley Pattern that also can give us a good opportunity to go SHORT. As for the completion is near to our Cypher POV. Price break and close above the Cypher POV, the redline which is the 141.40% of the XA extension of Cypher (POV) will invalidate the Bull Cypher, hence stopping us out from the SHORT trade. Trade wisely.

Bear Gartley Pattern: 1.2510. Stops above the X point.
TP1: 1.2490
TP2: 1.2478
We can go and extend our TP to the D completion of the Bull Cypher at 1.2412.

Bull Cypher Pattern: 1.2412. Stops below the X point.
TP1: 1.2455
TP2: 1.2480

הערה:
Our Bear Gartley Pattern is soon to be completed. Trade with care.
הערה:
Our Bear Gartley Pattern is already completed.
הערה:
TP1 l, TP2 and our extended TP is already attained. And now LONG order is filled with our Bull Cypher Pattern Intra.
הערה:
If you have taken the bull Cypher. TP 1 and TP 2 is already attained. It was a good trade with a back to back win from short and long here.

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.