Trade #12 CLOSED - GBPUSD, Cypher pattern in play.
UPDATE: Trade closed with profit.
__________________
I am tracking this consolidation and I expect this is a X leg, which would lead the prices to downward momentum for the next couple of days.
My entry is very conservative, just what I am willing to pay. In fact, I am on Elliott waves and this suggested channel. The cypher pattern is just an addition to my case.
__________________
I am tracking this consolidation and I expect this is a X leg, which would lead the prices to downward momentum for the next couple of days.
My entry is very conservative, just what I am willing to pay. In fact, I am on Elliott waves and this suggested channel. The cypher pattern is just an addition to my case.
