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AtApi
Jan 27, 2016 5:49 PM

Bullish Cypher on EURUSD Long

Euro Fx/U.S. DollarFXCM

Description

Massive bullish cypher pattern forming on EURUSD, Fibo ratio are almost perfect, this setup will offer a great R/R ratio, 2 long position at D (1.08120), first target at 1.08500(38.2 of CD) and second at 1.08740(61.8 of CD), Stops for both position is at 1.0804.
Entry at D is supported by previously structure, D point will perfect re-test a kind of morning doji star candlestick formation visible at the beginning of the pattern..break of C will invalidate the pattern,

Order cancelled

C point was broken, pattern is invalid, but a new cypher is forming..i will post the setup shorthly
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