Spotted this litlte Cypher on M15 while doing my morning analysis. It has a nice risk to reward ratio for a Cypher (usually inversed, but this one is close to a 1:1 on first target so not as bad as usual).
However, because I can't take trade on smaller timeframes before 9am my time (london open), I can only wait and hope the pattern will still be valid by the time I can place order (or enter at market if it has already completed).
Remember, it's about being disciplime and sticking 100% to your trading plan and trading rules !
Good luck in the markets today !
However, because I can't take trade on smaller timeframes before 9am my time (london open), I can only wait and hope the pattern will still be valid by the time I can place order (or enter at market if it has already completed).
Remember, it's about being disciplime and sticking 100% to your trading plan and trading rules !
Good luck in the markets today !
