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Niverto
Oct 4, 2016 8:33 AM

CYPHER PATTERN CONFLUENCE WITH DAILY SUPPLY ZONE Short

Euro Fx/Swiss FrancFXCM

Description

Nice area to watch for a short opportunity where the price is attracted like a magnet through a high liquidity zone i.e the Daily supply zone. The strong momentum is giving us the clue that this area could be a turning point.
We can also see the confluence with an advance CYPHER Pattern adding more weight to the potential of the reversal zone.

Happy trading

Comment

Target 1 reached, Stop moved to Break-even (free trade with partial profits taken)
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