ADAMMAC
Short

EURUSD CYPHER PATTERN INTO AN UPTREND DUE FOR A PULLBACK

FX:EURUSD   Euro / U.S. Dollar
I WISH I had figured this out earlier!! Cypher pattern created on day chart with all levels on point and validated at XABCD. I predict that the uptrend is due for a pullback to a previous line of resistance now acting as a line of support at the 1.1326 level. Confirmation from stochastic indicator shows this could be a high probability trade and a short will be put in place at the right entry point. Economic phenomena on Monday/ Tuesday will confirm my position to short on this trade.
i think the Target is more than 13270. and down more in 11500
Reply
ADAMMAC PooyaSalehipour
Perfect thanks for the help! I'll be watching out for it.
+1 Reply
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