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Pin_Point_Signal_Service
May 24, 2016 8:45 AM

Again another channel and Cypher inside 

British Pound/New Zealand DollarFXCM

Description

We can see harmonic move (green lines) completing at 1.414 extension and now we should expect market to press down and opportunity to go short or wait for Cypher completion and go long... Also if we drop time frame at 1h we see that RSI is overbought (RSI variables 7period 80overbought 20oversold)

Comment

currently we are at 1.168 extension and we can expect two directions, up or down. If the price goes up then is most likely we will see another harmonic move and retest of next resistance level or if the price goes down retest of first support level. Here is the link of scenario
Comments
Pin_Point_Signal_Service
okay here is an example of not paying attention to fundamentals, technically everything is correct but not checking news could cost you blowing up your account... learn from mistakes ....
upancholi
Hello Sir, can you update you analysis with current situation
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