EURUSD - POTENTIAL BEARISH CYPHER FORMATION Short

Euro Fx/U.S. DollarFXCM

Description

⋅ Sep 17, 2017 10:42 AM

As we continue to consolidate on the EURUSD, we now have another potential pattern formation setting up in the way of a Bearish Cypher.

Akil
"May the Fantasy Football God Have My Back This Week!"

Comments

Rychimist

⋅ Sep 18, 2017 6:11 PM

I see a bullish gartley of the daily, But I did draw out the cypher but my B-C leg didn't match my co-ordinates.

Akil_Stokes

⋅ Sep 18, 2017 6:22 PM

@richardmatthew38, Well done. Four of the most import words that i've ever heard in trading are "Trade What You See"

Rychimist

⋅ Sep 18, 2017 6:30 PM

@Akil_Stokes, Ah, Thank you Mr Stokes.

Akil_Stokes

⋅ Sep 18, 2017 11:53 PM

@richardmatthew38, You're welcome

Alexander_Nikitin

⋅ Sep 18, 2017 7:02 AM

Have, this one on my radar as well, bro. I wonder, if you had the previous bat valid with your broker quotes? My B-point was .617XA, not a gartley to my rules:

Akil_Stokes

⋅ Sep 18, 2017 6:23 PM

@Alexander_Nikitin, No i did not, I had the B leg hit a 61.8 on my charts

Alexander_Nikitin

⋅ Sep 19, 2017 3:13 AM

@Akil_Stokes, the rules are strict. one pip makes the difference.

sheeep44

⋅ Sep 22, 2017 6:47 PM

Hey Akil, what do you think of the analysis I did on some potential setups going on AUDNZD?

I know you are short on time, but would love to hear your idea about this setup!

Thanks in advance, and I must sat I currently binge watching your youtube videos. :)

Kind regards,

Mattie
PS: my stops are usually above structure but forget to adjust it when I shared the setup. ;)

Akil_Stokes

⋅ Sep 23, 2017 11:35 AM

@sheeep44, Hey Mattie, I don't necessarily agree with it, but understand that it's not my job to, I think you did a good job of predictive analysis & it's always a positive to try and stay ahead of the market

sheeep44

⋅ Sep 23, 2017 12:00 PM

@Akil_Stokes, Thanks for the reply, no I understand completely! It's always good to learn, thanks in advance!