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TheForexSamurai
Feb 3, 2017 10:30 PM

Understanding market potential key levels for BO, reversals, etc 

Euro Fx/Canadian DollarFXCM

Description

As you can market right now did already went up after the gartley pattern completion. With our bias that there was a potential upper TL. So if there would be a BO of the upper TL we could go long and target atleast the D completion of the potential bearish cypher pattern that will complete at 1.4100. And by that price between 1.4100 to 1.4130 we could have a short order and TP respectively on its 38.20% and 61.80%. Caveat.

Order cancelled

Comment

Take note of the Bear Cypher on the HR 4. C point is still valid for the Bearish Cypher Pattern.

Comment

If you have taken the bear Cypher TP 1 and TP 2 is already attained.
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