Goldjunge
Short

A possible short with a cypher pattern completion

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
43 0 0
a year ago
I see an opportunity to get short with a completion of cypher pattern around 0.68015 . ( look for a confirmation in your RSI / CCI ) for an over extension of the leg.

- It will be a trend continuation trade, with a possible double top in the daily + pay attention to the green line ( which is a possible support and 61.8 retracement of an outside return, giving us a 2618 strategy type trade )

NOTE 1: I don't think that the fundamental part can change something tomorrow ( no surprises with the GDP )
NOTE 2 : bear in minde that momentum is shifting in the daily

- Everything is possible
a year ago
Trade active
a year ago
Trade closed: target reached: Target 1 was hit ( 38.2 retracement of the extended leg), taking 80% of profits , but stopped after that and the Cypher pattern was negated after crossing (0.68333)
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