EUR.USD > Short Opportunity > 1.2037 Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 16, 2017 4:29 PM

Currency pair - EUR.USD
Chart timeframe - 1hr
Area of interest - 1.2037 & 1.2091
Chart pattern - Bearish Cypher

Potential target 1 - 1.1960
Potential target 2 - 1.1913
Potential extended target - 1.1884

Please implement your own due diligence prior to entering the market.

Comment

⋅ Sep 20, 2017 8:29 AM

Price is now approaching D leg completion.

Comment

⋅ Sep 21, 2017 9:11 AM

If you entered at D leg 1.2037 your target 1 and target 2 should now be attained.

Comments

TheDudeForex

⋅ Sep 20, 2017 8:42 AM

You don't think the interest decision will decide where the pair is heading to?

theanonydeveloper

⋅ Sep 20, 2017 9:59 AM

@TheDudeForex, what do you think where it's heading? i personally think 1.2039 is good for rejection or at least 1.2073

UnknownUnicorn180388

⋅ Sep 20, 2017 10:01 AM

@theanonydeveloper, It's certainly a possibility.

TheDudeForex

⋅ Sep 20, 2017 11:10 AM

@theanonydeveloper, nop opinion, sorry, I wait before after the news today

UnknownUnicorn180388

⋅ Sep 20, 2017 10:00 AM

@TheDudeForex, I personally don't trade the news so for me i don't take it into consideration.

Aqua_Trader

⋅ Sep 17, 2017 12:30 PM

Thanks for the chart Tom. Also looking towards the downside after some more upside. Hopefully it plays out as expected :)

UnknownUnicorn180388

⋅ Sep 17, 2017 12:45 PM

@SN_Doumet, Great chart setup.
We will see how this evenings market open looks :-)

Aqua_Trader

⋅ Sep 17, 2017 12:46 PM

@tomhall, thanks Tom :) ..and yes agreed awaiting the market open

deencat

⋅ Sep 17, 2017 5:49 AM

Thx

UnknownUnicorn180388

⋅ Sep 17, 2017 8:14 AM

@deencat, No problem at all :-)