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Akil_Stokes
Feb 2, 2016 11:22 AM

AUDUSD: Potential Bull Gartley & Cypher Patterns on the 1 Hour Long

Australian Dollar/U.S. DollarFXCM

Description

After catching a pain free 2 target winner on our Bear Cypher pattern from last nights video we're now seeing price continue to roll down setting up 2 new potential advanced pattern setups.

In Green is a potential Bullish Gartley pattern and in Blue is a potential Bullish Cypher Pattern.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com -The Premier Online Trading Education Company
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Trade closed: target reached

Trade closed: target reached

2nd targets reached and now filled short on a bearish cypher. Can we go 3 for 3 on Aussie?
Comments
AdityaJena
Hey Akil....i want to know what is the maximum retracement of B and C point for both Gartley and Cybher patterns.....??
Akil_Stokes
78.6,A,61.8,1.414
PateSkpate
Is this back to back 2 Target Winners!?!?
UnknownUnicorn300837
too bad today's one was a loser.. would have been 3 winners back to back :)
Akil_Stokes
yeah can't be upset with 3 out of 3 though
BogdanBratu
Great work! Thanks a lot!! What would be your TP for this bearish move? Thanks in advance for your reply!
Akil_Stokes
38.2 retracement
Hamrall
Cha Ching! Looks like my Gartley's target 2 will flip short right into that bear Cypher now :)
Akil_Stokes
May be a back-to-back-to-back type of week. I'd be okay with that!
GoodLuckbabe
nice setup akil good luck for short
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