POTENTIAL BEARISH CYPHER PATTERN 1ST TRADE OF 2016 Short

FX:EURUSD60

Euro Fx/U.S. DollarFXCM

Description

⋅ Jan 9, 2016 9:21 PM

Entry-1.0930
Stop loss-1.0949
1st Target-1.0881
2nd Target-1.0851

Trade closed: stop reached

⋅ Jan 11, 2016 11:56 AM

Comments

I_see_BTC

⋅ Jan 10, 2016 4:07 PM

I like this idea. Hitting both targets would coincide with a retest of the lower trendline. A bounce from there could take aim at the upper trendline.