When the market opens today, (as long as the Gbp/Jpy doesn't have an extreme gap) you have a bullish Cypher pattern on the Gbp/Jpy that now has a phenomenal Risk to Reward. As you can see on the chart using a 1 ATR stop loss below "X" if you entered at the completion of the pattern at the .786 you would have a 1:1 R/R for target 1 and a 1.5:1 R/R for target 2 as illustrated by the red and green boxes. But if you enter now at market using the same 1 ATR stop below "X" you will have almost a 2.5:1 R/R to target 1 and a 3.5:1 R/R to target 2 as illustrated by the blue and red boxes. So if you trade the cypher pattern and this fits into your risk tolerance, then this is a very good setup to consider.
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.