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stevecolwill
Sep 6, 2013 8:24 PM

EUR-GBP ANTI Cypher pattern completed at resistance Daily-9-6-13 Long

Euro Fx/British PoundFXCM

Description

Here we have a completed ANTI-Cypher - perfect at DPoint of .78; C point at 1.41 of XA Fib. This is also accompanied with the completion happening right at previous resistance (see line at X). RSI also shows to be oversold. Lastly, Peeking at the 1 hour chart, I can see divergence on RSI-7, and MacDHist-Def, and Stochastics 533 -- all three that might spell the end of the short term downtrend.
Comments
RedStaR
If you don't mind, I've updated your chart a bit, looks like a mirrored Bat pattern to me.

stevecolwill
I saw this on the ZUP Forums -- he had ANTI everything... adn it looked good. interesting enought to look at.
RedStaR
I've never seen mirrors of harmonic patterns before, do you have a source for this ?
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