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UnknownUnicorn180388
1. Dez. 2016 12:42

EUR.USD - BEARISH CYPHER SETUP - 1.0642 Short

Euro Fx/U.S. DollarFXCM

Beschreibung

On the EUR.USD 15min chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 1.0642 & 1.0666
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0571
Stop loss would be placed above X leg structure resistance.

Target 1 - 1.0608
Target 2 - 1.0587

Kommentar

If you front run your position taking into consideration spread, you would have been filled.

Trade geschlossen: Ziel wurde erreicht

Kommentar

5 EASY STEPS TO TRADE THE GARTLEY PATTERN.

Kommentar

Potential weekly reversal as price finds support at 1.0581

Kommentar

How Often Do You Review Your Trading Performance?

Kommentare
Devise2Day
good job Tom!
UnknownUnicorn180388
@4XSetUps, Thank you.
AntonioMolino
Thanks!
UnknownUnicorn180388
@AntonioMolino, My pleasure :-)
willzhang6
oh no... missed it
UnknownUnicorn180388
@willzhang6, There will be plenty more
TheForexSamurai
Isn't this already filled up? there was 2 pips shy to the completion as per my spread i would like to adjust it.
UnknownUnicorn180388
@madi052893trading, If you adjusted to take in the spread you most likely will be filled yes.
Koutta
Thank you tom, i was a bit late so i didn't got in but a good signal here.
UnknownUnicorn180388
@Koutta, My pleasure, plenty more.
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