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adgomiza
Aug 6, 2016 4:03 PM

EURUSD will go UP then rally to DOWN Long

Euro Fx/U.S. DollarFXCM

Description

FX:EURUSD in chart H4 will complete cypher pattern or shark pattern but i think it will be Cypher Pattern .
cypher pattern will be : x=1.0955 , a=1.1233 , b=1.1045 , c=1.1335 , d=1.1015
we have ABCD paterrn and AB=CD so that EURUSD will go UP to 1.1335 and then rally to DOWN to 1.1015 .
AB is completed in 286 pip and retrend in 61% fibo so CD will complete when price go to 1.1335 .

TRADING POSITION
Entry 1.1065
SL : 1.1020
TP : 1.1335

then Sell FX:EURUSD

Trade active

Trade still in active ..... GL
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