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UnknownUnicorn180388
Nov 8, 2017 12:29 AM

EUR.CAD - Bearish Cypher 1.5060 & 1.5148 做空

Euro Fx/Canadian DollarFXCM

描述

Currency pair - EUR.CAD
Chart timeframe - 4hr
Area of interest - 1.5060 & 1.5148
Chart pattern - Bearish Cypher

Potential target 1 - 1.4937
Potential target 2 - 1.4861
Potential extended target - 1.4802

评论

If you entered at 1.5060 your target 1 & 2 should now be attained.

评论

D leg completion at 1.5060 however i would be cautious trading a reversal with large bullish candles.
评论
Leinvestment
Hi Tom, I have the same thought regarding it, .. your setup is very nice!
How do you confirm the reversal? - "price action" Candles or some Moving Average ou ADX indicators? Thanks pal!
UnknownUnicorn180388
@Leinvestment, Thanks very much.
All of the above, from Fibonacci, RSI, EMA, reversal candles, S&R ect
kakkar
see if you believe someone you have to faith on him ...i have faith...i believe his trade also...use your mind also...
UnknownUnicorn180388
@kakkar, Appreciate it mate, hope all is well your end.
moneymoves
Im trying to understand if I'm reading this analysis correctly ...sell entry would be 1.5060 with the take profit being 1.4937... is that correct? or am I reading this wrong.. sorry new to trading just learning
UnknownUnicorn180388
@moneymoves, Hi,

That's correct, the area of where i am looking to short is at 1.5060 however please note just because the D leg completes does not always mean there will be an entry.
moneymoves
@tomhall, got it, Thank you
UnknownUnicorn180388
@moneymoves, My . pleasure :-)
gazexebobowo
Thanks for the wonderful analysis! Love it!
UnknownUnicorn180388
@gazexebobowo, No problem at all, thanks for the message.
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