Trading_Jazz
Long

Bulls are tired, or not yet? IF=THEN ®

FX:EURUSD   Euro Fx/U.S. Dollar
FX:EURUSD            

This is a Cypher not yet invalidated despite the oscillation and volatility .

We are trading below the resistance and a retracement is expectd, lower time frames advanced patterns completed at this level, there's short positions standing by...

At major time frame there's an eventual cypher being forged, targeting the 38% retracement from weekly chart, also synced with an obvious AB=CD pattern target and finally synced with previous structure low's from 24 July 2012.

Ratios:
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

We can

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