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amit.sondhi2
Jul 21, 2015 12:17 PM

EURNZD:POTENTIAL BEARISH CYPHER PATTERN Short

Euro Fx/New Zealand DollarFXCM

Description

Potential Cypher pattern.
Major resistance at 1.6586
RSI almost overbought
Entry-1.6214 or Major resistance at 1.6586
Stop loss-1.6640
1st target-1.6495
2nd target-1.6444
Move stop to entry when 1st target is hit for risk free trade.
Comments
ninjabenja
Just a friendly FYI: The new Cypher pattern tool will enable you to display the proper levels without the need for the extension tool. This way the ratio values are quickly verifiable by anyone who views your publication.
... nice work spotting the trade. Best of luck.
amit.sondhi2
Thanks for commenting. But i will still always use manually.
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