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Fxprotrader
Jan 14, 2016 9:09 AM

EURUSD Bearish Cypher Patten Completion Short

Euro Fx/U.S. DollarFXCM

Description

EURUSD is in a corrective structure with price moving up and down for the past days. We now a have a bearish cypher pattern completion with its D point in a key resistance zone. We target for 0.382 and 0.618 of the CD wave.. If price retraces more we should have a bullish gartley pattern completion

Stoploss and profit targets as shown at the chart.

Trade closed: target reached

Move stoploss at second position to breakeven..!
Comments
Piet.Hein
Congrats!
Fxprotrader
Thank you Piet..
MANOLIS
Nice, Thank You
Fxprotrader
You are welcome Manolis...
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