FX:EURUSD   Euro / U.S. Dollar
potential bull cypher is close to completion. notes are on the chart
Comment: the pattern hit completion.
Trade closed: target reached: fibonacci was restretch to fit the priceaction:
This pattern was found by the MPS-v5.5 pattern recognition software: https://mps-trade.com

My YouTube channel: https://www.youtube.com/user/alexniquitos/
Strong bearish bias due to the selling pressure of the 1W Channel Down. It will test at least 1.1330:

Alexander_Nikitin InvestingScope
@InvestingScope, who cares about your bearish bias when the trade already hit target???
InvestingScope Alexander_Nikitin
@Alexander_Nikitin, The price action doesn't stop when our target gets hit. As for the bearish bias, they are not ours. They are/were suggested by the negative trend and selling accumulation on every Fibonacci level at 1D/ 1W. But thank you for the positive feedback and congratulations on hitting your target.
i really like your setups. reason u are in my favorite list haha
@janne0536, thanks for your feedback
Took this one and then found that you posted it. My MPS drew it with pips algorithm. What was yours?
@daranora8, I used pips algorithm of the MPS as well.
price is in the buy zone. should I enter t now?
@crkllxkk, you should do what your trade plan says.
+1 Reply
quick in and out trade. thanks.
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