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Daniel.Dalo
Jul 2, 2014 2:37 PM

NZDUSD - Cypher pattern near completion Long

New Zealand Dollar/U.S. DollarFXCM

Description

Just realized there is a Cypher pattern and Gartley pattern completion at the same level (0.8740) in confluence with support level, so a great opportunity for making quick profits with target at 0.8771 and stops just a few pips below X and support level around 0.87228

Good luck!!
Comments
dionvuletich
Hi Daniel Do you manually draw in your harmonic patterns? or do you have an MT4 custom indicator?
Daniel.Dalo
Hi DionV! I draw them manually because for me it feels amazing to spot them and get a trade off them that goes well. However, I'm planning to get the Constellation software (pattern recognition) from Trade Empowered, it seems great and it would save a lot of time, so maybe I'll get that software, I think they have it for Ninjatrader and MT4
Sam0101
Hi Daniel, what's now ? U were correct
Daniel.Dalo
Hello GohSam! Unfortunately, price has not reached the completion point for the Cypher pattern, but I realized that there is another pattern, a Gartley, about to complete for a shorting opportunity, so let's see if that one works and then we can expect price to complete the Cypher:

pal444
Thanks, I just discovered your contributions. Impressive work.
Daniel.Dalo
Thank you very much!! I'm glad you find them useful. I wish you the best mate!
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