EUR/CAD - Bearish Cypher Corto

Euro Fx/Canadian DollarFXCM

Descripción

⋅ 19 de Abr. de 2017 10:26

Hello traders, it appears EUR/CAD is now forming a bearish cypher pattern on the 1h chart. This is an excellent opportunity with a potential 250+ pip return!

The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786

I'll be expecting price to stall out once it reaches the D point, keep this setup on your watch list.

I hope you all have a great week :)

Comentarios

fender0strat

⋅ 24 de Abr. de 2017 0:13

is this still a valid short setup boss?

LewisGlasgow

⋅ 24 de Abr. de 2017 9:32

@fender0strat, no it's not valid due to the opening price.

aaqei

⋅ 23 de Abr. de 2017 22:43

Wat u think? Still short?

LewisGlasgow

⋅ 24 de Abr. de 2017 9:32

@aaqei, sorry I thought it was a different trading pair, not valid... I closed all euro positions before the weekend.

aaqei

⋅ 24 de Abr. de 2017 9:36

@LewisGlasgow, hihi, i kept EURCAD open during weekend and i lost all i got from AUDJPY.

LewisGlasgow

⋅ 24 de Abr. de 2017 9:42

@aaqei, at least you recovered your losses, you may have missed my message telling everyone to close any Euro positions.

aaqei

⋅ 24 de Abr. de 2017 9:44

@LewisGlasgow, well thats true, n your good at this, thankyou, i will be more careful next time.

LewisGlasgow

⋅ 24 de Abr. de 2017 9:45

@aaqei, thank you! You're learning quick, keep up the good work.

aaqei

⋅ 24 de Abr. de 2017 9:53

@LewisGlasgow, thankyou, im glad i found someone genius like u.

LewisGlasgow

⋅ 24 de Abr. de 2017 9:54

@aaqei, I appreciate the kind words :)

Más