FX:EURUSD   Euro / U.S. Dollar
At market cypher advanced             formation. It is seen by cci (14,100,-100), stoch (5,3,3,70,30), prex(10), atr(2.5, 30) and pips(828) reversal algorithms. Oscillator wave confirmation algorithms are frequently used by Ellioticians, pips and atr swing identification algorithms are commonly used by classic chart pattern traders and prex algorithm is a universal algorithm used by the majority of traders.

If you have this pattern in your trade plan then...

buy in 1.1344-1.12764 zone. if the zone is crossed then the pattern didn't work. first target is 1.1401, second target is 1.1439. The targets are adjusted if price action goes deeper into the yellow zone(restretch the fibs to fit priceaction and find new 0.382 and 0.618 levels).
This pattern was found by the MPS-5.2 pattern recognition software: https://goo.gl/viM3Ya

Black Friday is soon: http://ps-software.net/black-friday/

My Youtube channel: https://www.youtube.com/user/alexniquitos?sub_confirmation=1
remember that daily candle is showing rejection and we have good bear impulse

testing 1.1200 for weekly projection
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Good buy opportunity with EURUSD rectangular pattern, buy the bottom

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d must be 127-200 % of bc
here I so lower
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@ichimoko, what are you talking about. cypher's d is always 0.786XC
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I agree but with targets a little lower, excellent analysis as usual

(i will go for this targets https://www.tradingview.com/chart/EURUSD/1RwRu4aq-EUR-USD-retracement/)
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@Lollo2693, thank you:)
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