I've a Cypher here
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Why these targets and not the usual target of a Cypher pattern? Because I follow the market essentially on higher time frames where I'm looking on weekly and monthly charts for targets. Based on this I think that the market will at least hit TP1 but probably go higher. Even higher than TP2. But this is for later.
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Exit at TP 1. This little cypher gave me an extra signal to enter long. But the price did again something that reminded me this red line close to my SL. And this bat pattern which did not touched the 0.886. Looking to the strength of this last move I'm already happy with this first TP. I'll continue to follow the trend.
Komentarz:
TP2 hit
