Bullish Cypher on XAUUSD hourly
Updated
A little late in posting this one, but nevertheless, a Bullish Cypher Pattern has emerged on the XAUUSD 1 hour chart.
A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it.
Target: 1198.57
Stop 1175.86
A long can be initiated if the price retraces back to 1185.73 or can be longed at current market price if your R:R Allows for it.
Target: 1198.57
Stop 1175.86
Trade active
Price retraced to Entry level.Trade closed: target reached
Target achieved! 12.85 Dollars movement :)Note
Went on to hit 1214 :)
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