Akil_Stokes
Short

EURUSD: BREAKING DOWN A KILLZONE on the Euro (VIDEO)

FX:EURUSD   Euro Fx/U.S. Dollar
Here's a video of the breakdown we performed on the EURUSD             in this morning's Live Trading Room https://www.youtube.com/watch?v=EILqWnNzJUw

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Akil Stokes
Chief Currency Analyst
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I'm getting absolutely hammered by patterns this week..gggrrrrr
+1 Reply
Keep fighting man
+1 Reply
hi Akil what do you think about this cypher bat pattern

snapshot
+1 Reply
Akil_Stokes PRO forexhunter
i don't think it's a cypher nor a bat
+1 Reply
forexhunter Akil_Stokes
Thanks for commenting
+1 Reply
Akil_Stokes PRO forexhunter
No problem, hopefully it was helpful. if it seemed negative that wasn't my intent.
Reply
forexhunter Akil_Stokes
of course that was helpful as one of your video stated for a valid cypher pattern the B to C leg must atleast reaches the 1.272 of the fibonacci extension if not then not a valid cypher
+1 Reply
Akil_Stokes PRO forexhunter
Correct and the C leg on your example does not meet that criteria which is why i said it wouldn't be valid
Reply
Akil_Stokes PRO forexhunter
Make sure you're measuring by actually using a fibonacci extension or (the "cypher pattern" drawing tool) and not just the regualr "xabcd" tool as it will give you incorrect ratios
Reply
forexhunter Akil_Stokes
Thanks Akil well understood
Reply
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