A couple of days ago i posted an idea with a bearish cypher which worked very well with both our target been reached (look the link below). Price has moved up once again and its about to complete a bearish bat pattern this time in the same structure. Bat patterns give us great R/R ratio so once we have this CD wave completed we will enter the market with two short positions.
As always if price reaches our first target we move stoploss to breakeven at the second one.
As always if price reaches our first target we move stoploss to breakeven at the second one.
Trade closed: stop reached
