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Alexander_Nikitin
Feb 22, 2021 1:16 PM

eurusd. advanced formations Short

Euro Fx/U.S. DollarFXCM

Description

Advanced formations are a bit different from harmonic patterns. They differ in ratios and trading tactics... I'd say advanced formations is completely different approach (although patterns look like triangle on a chart - same as harmonic patterns).
Now back to the idea... We have a confluence of two patterns - a cypher advanced formation and a butterfly advanced formation. They point almost at the same level. So, the level becomes a level of interest. Let's see what happens if price goes to test the level.
Comments
financialLlama1
On the contrary I think this is a strong buy
Yuriy_Bishko
How many years have you been trading?
abdullahidavid50
tom_mok
Nice Alex
YIQI
what about now
TRADiNG_hub
Wonderful Work....

Agree with yOU
Dave-FX-Hunter
I agree with you
Donajor8
Interesting
otavio_barreto
Do you wanna know something cool? Cypher is the inverse of butterfly pattern, just mirror the image and see ;)
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