JoMarshall
Short

Short Cypher Pattern Set-Up on EURNZD

FX:EURNZD   Euro Fx/New Zealand Dollar
This is not a currency pair that I trade in my portfolio but I came across this nice trade-set up as I was doing my weekend analysis. The market has come into a previous structure support now turned resistance but the RSI is not showing overbought conditions yet so there is chance that this market could go all the way up and in the process completing the cypher pattern . The Fact that the overall trend on this pair is bearish then this represents a very nice shorting opportunity IF we can get there.

Check out my weekly video where I have done an in-depth analysis of EURUSD             and also pointed out a couple of advanced pattern on the USDJPY             .

https://www.youtube.com/watch?v=1lVEVqqU2qc

You can also check out one of the live trades i took using a combination of fibonacci ratio and structure.

https://www.youtube.com/watch?v=qed8R1DKVPI

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