Cypher Short Short

GBP/JPYOANDA

Description

⋅ Feb 15, 2018 1:28 PM

There is a head and shoulder pattern and thinking if we can short at D of a Cypher pattern. Will review price action in there area being going short.

B = Close below .5
C = 1.272

Order cancelled

⋅ Feb 16, 2018 1:52 PM

Harmonic Patterns Trend Analysis

Comments

Jefe

⋅ Feb 15, 2018 2:31 PM

You're putting the cart before the horse. Wait for the price action at D to see if a short seems plausible. This pair is massively oversold. You don't want to make your mind to short it that easy.

abpatel1001

⋅ Feb 15, 2018 2:33 PM

@fakhan, agreed thx.