leszekstanislaw
Long

EURNZD 1D - Cypher, RSI(7) divergence on 1H

FX:EURNZD   Euro / New Zealand Dollar
52 4 2
What I can see here is:-
  • bearish cypher (on daily chart )
  • grey are S/R - now there is RSI (7) diveregence
  • red are so called overbalances - usually pullbacks are not exceeding them
So in my opinion potential scenario is
  • pullback
  • then Cypher's D
  • then short to 1.5 (be carefull, this is very 'round' :)
Best of luck for everyone! 
Leszku it's not a Cypher (XA is rather ABCD), C should NOT be closed above 1.414 and entry always @ 0,76 of XA.

Reply
Indeed, Rafal, it shouldn't be more than 1.414. I must be blind - dzieki! Re entry - are you sure about .76 - always thought it should be .786?
Reply
rafal_w leszekstanislaw
True 0.786 ;) my mistake.
Reply
:) it's good to meet a countryman here
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out