Price is about to complete a bearish gartley and a bearish cypher pattern at a key resistance zone. In this video I highlight the sell zone and draw the patterns you may trade.
Feel free to like, comment and share your thoughts!
Trade with care, John
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NZDUSD delivers..! 105 pips already and the price is heading to our initial tp where we have the completion of a bullish cypher.!
thanks for this amazing chart and good work , i want to know what is your exception for December if we can reach 0.71 , the reason i am asking is because i have buy order at that level and i do not want to close in lose .Thanks
Fxprotrader
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@MAKDXB, Overall I am bullish. What we trade in this one is a pullback so I expect the price to head up. Now, 0.71 is a level of potential. As you may see in the chart in case price reaches the upper parallel of the blue median line most likely it will reach the 0.71 level. Other than that it's up to you how you will manage your open position. I wish all the best to your trading ;)
MAKDXB
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@Fxprotrader, many thanks , you been good help to me.
Hi Shouldn't the action start around these levels as it completed the trend ? .6936 levels is a good short ? But it did slide down and come up a few times before crossing the .6930 levels. Also i see someone else having an opposing view and going long due to the fact that it is at month lows.