Although I don't like to spam TV's community I decided to post once again an idea I posted last week, only to use video analysis, so you may see in more depth what to expect in EURUSD in the upcoming week. In the video you may see a pending bearish cypher pattern completion at a key resistance level - the sliding parallel of a median line set.
评论
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It seems we may not have the completion of the advanced cypher pattern. Price has bounced from a lower resistance level and what we should watch now is an evidence that the sell-off will continue. A bearish flag pattern is a nice setup to watch for:
@Arild, I will look at it tomorrow and post a video :)
Profound_Ambition
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nice analysis, but I see that the euro index broke out of its downtrend getting ready to create an uptrend, & the dollar breaking lower to continue its downtrend
dinnersticks
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Spotted the same thing on lower time frame analysis
Fxprotrader
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@dinnersticks, Thanks for sharing mate :) Very nice chart..!
hello sir . thank you for your great Analysis . in case we have a reversal from 1.20 , what will be our targets ?
Fxprotrader
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@sadeghm9, Hello..! In case price drops you better aim for the median line of the pitchfork
MSFXpro
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@Fxprotrader, thank you very much . it has the potential to fall more i think but for safe trade aiming the mid line as you said.
Fxprotrader
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@sadeghm9, In case you believe that it will drop further, move stops at BE or trail them and let it sink - to get the maximum out of it while booking profits :)