TradingView
chrystael
Jan 10, 2015 6:06 AM

BEARISH ELLIOT WAVE, BAT AND CYPHER PATTERNS 

Australian Dollar/New Zealand DollarFXCM

Description

this is a very funny pattern.

however market has the ability to go against these graphical presentation of the likely movements of the market.

most times it worked pretty good but you should be guided by the market's current rush.

well, this is the likely movement of the market with elliot wave count. the 3rd wave also has its 3 wave patterns and it is where the small bat is likely to complete for short term shorting and the 5th wave is where the elliot wave looks to complete and where the big boss cypher is going long term shorting.

however i have made use of previous resistant turning support and vice versa.

for you to trade this, please check for updates on this and should i forget please do remind me.

however, good entry

good risk to reward ratio

good luck
Comments
chrystael
This is my best chat. Predicting what the market will do and it did exactly
chrystael
seen the elliot wave count completed. this is nice. look at the 1-2, 2- 3, 3-4 and then 4-5. all moved well and completed.

and also my pattern got filled and got traded.

this is wonderful
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