FX-Error
Short

Potential Short Trade on EURUSD

FX:EURUSD   Euro Fx/U.S. Dollar
289 5 6
Actually we Have:


1-Gartley Pattern (The Purple One)
2-Cypher Pattern (The Yellow one)
3-Structure resistance Area (1.1338 : 1.1358)


-we noticed that 2 harmonic patterns came together with the same complation piont ... give us a unique short trade area
-we have a powerful resistance area ..So we anticipate that this area can stop the upward move of the price ...
-Our Stop we be above the (X point of harmonic patterns )
-our target is 0.382 From (C) to (D) of Gartely with 1: 1 Risk /Reward ... iam here choose my target to 0.618 for good Risk Reward profile with almost 1:2

Be sure to be ready ......!!
Thanks ..............!!
FX-Error
a year ago
Ops ....
The Purple one is the Cypher
the yellow one is the Gartley

Sorry guys for that little mistake
Thanks again .......!!
Reply
dionvuletich
a year ago
Like your style...
Reply
FX-Error dionvuletich
a year ago
Thanks dude ......!!!
I watching your style too .... interesting ....!!
Using Classical tools with harmonic ......
i like it so much
Reply
sd1713
a year ago
Hello, on my charts when i measured out your cypher I am getting a B to C completion of 113, not 127. I have read a cypher pattern can be 113 but I've never seen anyone actually trade them just 127 completions. what do you consider a valid cypher? Thank you
Reply
dionvuletich sd1713
a year ago
127.2% min... 113% are more related to shark patterns that complete at either 88.6% or 113% of X-A
+1 Reply
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