GBPUSD: CYPHER PATTERN59 Penjualan

British Pound/U.S. DollarFXCM

Deskripsi

⋅ 18 Jun 2015 pukul 11.17

Potential Cypher pattern on daily chart.
RSI is overbought.
Major Resistance at 1.5994

Entry-1.5920
Stop loss-1.6188
1st Target-1.5401
2nd Target-1.5077

Stop loss in pips-268
1st Target in pips-519
2nd Target in pips-843
When 1st Target is hit move your stop loss to Entry point for risk free Trade.

Komentar

timwest

⋅ 18 Jun 2015 pukul 11.50

What is the risk profile for this trade? How wide a stop do you suggested based on this accelerated move up to this moment? Do you scale in or sell under lows? Thanks in advance for your reply. (PS - I'd like to make this chart "suggested" but it just needs more info.)

amit.sondhi2

⋅ 18 Jun 2015 pukul 12.05

Thanks for your comment. Please do let me know in future. Your are always welcome to ask.

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