EURUSD. Cypher or a simple ABCD?

Looks like we will know the answer soon. I will try a tiny long at 1.0936. SL: 1.09

Kommentera:

Points in favor of a Cypher: Bullish divergence on Daily TF
Points in favor of an ABCD: pattern targets were reached on Brexit voting night, also DXY shows more upside willing

Kommentera:

Brexit low taken out, price closed near LOD. Expecting a pullback to 1.093 and will trade lower, targeting 1.071

Handel aktiv:

Shorted 1.093. SL: 1.1010, TP: 1.071

Kommentera:

Hasn´t triggered my SL yet but I think it should re-visit to 1.10 area. Will do something which nobody has to do which is moving my SL to 1.1080 on Monday opening

Trade stängt: Stopp nått:

Never move a Stop-Loss...

Kommentera:

From 1.10 to 1.13 and back to 1.09 in a single day... Insane cleanup!

Handel aktiv:

Long 2*0.25 lots at 1.071. SL: 1.05. TP1: 1.14, TP2: 1.22

Kommentera:

Almost stopped out =(