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ADAMMAC
Apr 3, 2016 11:56 AM

EURUSD CYPHER PATTERN INTO AN UPTREND DUE FOR A PULLBACK Short

Euro Fx/U.S. DollarFXCM

Description

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.
Comments
PooyaSalehipour
i think the Target is more than 13270. and down more in 11500
ADAMMAC
Perfect thanks for the help! I'll be watching out for it.
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