Bearish Chyper #EURUSD in Daily Chart

FX:EURUSD   Euro / U.S. Dollar
89 4 1
#EURUSD is likely forming potential Bearish Chyper @ daily chart
I think the pattern is good enough but with some considetations: XD at 1.00 or 1.13 within a CD leg extension at 1.618 to 2.24 of BC, and of course, let's call him a Shark! :-)
B point is too dep. C point does not exceed 1.27
not valid
dojitrader tntsunrise
I'd have to agree ~~~~~
This pattern might look like it's working because point D
is right at resistance. If I was to trade this it would be as a
Shark with full extension to the 1.13 point D so that the
inverse fib of B to C is at 1.168-2.24 and even then, the depth
of A to B just makes this not much of any kind of pattern.

Best of luck, however !!!!!!
dojitrader dojitrader

An excellent example of a very harmonic Cypher
just posted -- it's only a 5 minute chart ~~~~~
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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