captain_smollett

GBPUSD. Bearish Cypher completed. Short-term trade

Short
FX_IDC:GBPUSD   British Pound / U.S. Dollar
GBPUSD pair has completed a bearish Cypher pattern. It has completed yesterday and went a little bit longer today but I believe it is perfectly valid for shorts.

This is a short-term trade so I believe we may reach targets of 1.24 or 1.2250 by next week. I have already shorted at 1.2610 and will add more once it breaches an important support level of 1.2570.
Set a SL order at 1.2720
Comment:
TP1 about to be hit
Comment:
TP1 done, let´s hit TP2
Trade closed: target reached:
Took more than a month for a 4 ish move =(

Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
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