FX:EURCAD   Euro / Canadian Dollar
A potential bull cypher advanced formation is setting up. It is seen by wpr(14,-20,-80), atr(2.5, 30) and pips(485) reversal algorithms. Oscillator wave confirmation algorithms are frequently used by Ellioticians, pips and atr swing identification algorithms are commonly used by classic chart pattern traders.

If you have this pattern in your trade plan then...

buy in 1.4876-1.4830 zone. if the zone is crossed then the pattern didn't work. first target is 1.4917, second target is 1.4942. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).
Comment: now the pattern completed.
Trade closed: target reached: first target is hit. "I was right" :)
Trade closed: target reached: second target is hit: "awesome analysis"
This pattern was found by MPS-v5.5 pattern recognition software: https://mps-trade.com

Join my free trading channel: https://t.me/mpstrade

My YouTube channel: https://www.youtube.com/user/alexniquitos/
That was a cracker.
@mustard, yep:)
Thanks BATMAN!
@AlfrieArnold, you are welcome:)
Very nice. Nailed it!
@rludvik, yep. touch and reverse.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out