Potential cypher @ 1,7906
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If we get up there before making the pattern invalid.
One could talk about the A-leg, choppy and best looking leg, but something I would have counted as valid in my backtesting. Almost a 100 pips of risk.
What do you guys think, is this something you would trade, if it completes? I am curious to hear what other traders have to say.
The fact that I am iffy about trading this one, especially with that kinda of risk, makes me sit at the sidelines for this one.
Still interesting and educational to analyze...
This is not a signal, nor should you take this idea for anything but an idea. I am in no position to tell anyone what to do. I only want to create discussion, and to train my eye.. Good luck to everybody in the markets.
One could talk about the A-leg, choppy and best looking leg, but something I would have counted as valid in my backtesting. Almost a 100 pips of risk.
What do you guys think, is this something you would trade, if it completes? I am curious to hear what other traders have to say.
The fact that I am iffy about trading this one, especially with that kinda of risk, makes me sit at the sidelines for this one.
Still interesting and educational to analyze...
This is not a signal, nor should you take this idea for anything but an idea. I am in no position to tell anyone what to do. I only want to create discussion, and to train my eye.. Good luck to everybody in the markets.
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Pattern never formed, keep looking, well on Monday that is, since my trading plan tells me not to trade Non Farms :)
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