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UnknownUnicorn101425
May 6, 2016 12:49 PM

EURGBP countertrend cypher short opportunity Short

Euro Fx/British PoundFXCM

Description

Right here after the dust settles after the NFP numbers, we got this Cypher formation setting us up for a short on the EURGBP RSI is going over bought, but remember its a counter trend move on the lower timeframe perspective, so we only use one target if price get up there.

Good luck and good weekend

Kind Regards
Thomas Jeff

Comment

Orders removed - The move happened without us again, price came within a few pips of our PRZ over night and then got right to our target. So setup is invalid the move have been made.

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