Weekly
- In weekly tf can see possibly cypher pattern . (At point C )
- Rsi having a divergence
- Possibly making a double top.
4 HOUR
- In hour 4 has already made a complete cypher pattern .
- Havent took the short trade (market close) , will take it when the market is open with good R&R.
- Entry based on hour 4 .
Entry = 1.57000 -will be update when market open
SL = 1.57800 ( -70>pips )
TP 1 = 1.55100 ( +200pips )
TP 2 = 1.53700 ( +315>pips)
- In weekly tf can see possibly cypher pattern . (At point C )
- Rsi having a divergence
- Possibly making a double top.
4 HOUR
- In hour 4 has already made a complete cypher pattern .
- Havent took the short trade (market close) , will take it when the market is open with good R&R.
- Entry based on hour 4 .
Entry = 1.57000 -will be update when market open
SL = 1.57800 ( -70>pips )
TP 1 = 1.55100 ( +200pips )
TP 2 = 1.53700 ( +315>pips)
Note : Forgot to use ATR for stop.