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TheForexSamurai

Long on the Cypher Pattern with 1:1 or wait for confirmation

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Paun British / Dolar Australia (FX:GBPAUD)  
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If you have taken the Bullish 5-0 Pattern (check link to related ideas below) you have already stopped out. Hence the pattern itself is aslready Invalid. Right now we could go and form a potential Bullish Cypher Pattern that will compete at 1.6273.

Cypher Pattern PRZ: 1.6230 - 1.6273. Stops would be below X and/or could be atleast 1:1 RR with TP1.
TP1: 1.6353
TP2: 1.6402
Komen:
If you have taken the Cypher Pattern Setup. Your TP1 is already attained.
Komen:
If you have taken the Cypher Pattern Setup. Your TP2 is already attained with 2 pips away (considering the spread (ask and bid price) before market reverses.

Idea Berkaitan

TheForexSamurai
Bracketing USDJPY in the 15 mins. LONG BAT for TCT (Bias:LONG)
TheForexSamurai
LONG on the bullish 5-0 Pattern
Penafian

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