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Goldjunge
Dec 20, 2015 5:51 PM

cypher pattern in NZDUSD Long

New Zealand Dollar/U.S. DollarFXCM

Description

An opportunity to go long with a cypher pattern completion around 0.66465 ( green zone ) .
Pay attention to the SL , that should be below the support level ( the black line ) and using the ATR.
the confirmation of this trade could be taken by looking at the momentum using ( RSI / CCI )
It's important to bear in mind that we are looking for a counter-trend trade ( look at the D chart ), so we are not looking for a very big move ( momentum is shifting little bit in the daily and we are going to a possible completion of bat pattern )

- Everything is possible !

Order cancelled

The possible cypher ( or what I was calling invester Gartley pattern) is negated after the highs at (0.68234)
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