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joni.rcunha
Mar 9, 2016 10:41 AM

NZDUSD: Potential Bearish Cypher (1H Chart) Short

New Zealand Dollar/U.S. DollarFXCM

Description

Potential bearish Cypher is lining up on NZDUSD hour chart.
The D leg will be complete at 0.67939. Stop above X and targets at 0.382 and 0.618.
Good luck!

Trade active

Trade closed: target reached

Comments
Alexander_Nikitin
Nice one. I also have it on my radar))
joni.rcunha
Nice Alexander! To reinforce the idea we see the RSI almost overbought! Good luck man!
Alexander_Nikitin
I don't look at confirmations like rsi or something else. The time I have an idea to find some confiramtion I stop trading for the rest of the day. Until my confidence comes back and I aqcuire my winning attitude. See what I mean?
joni.rcunha
I see what you mean. Great attitude and confidence! Essencialy I look to rsi and fibo convergence for other strategies. Not for harmonics. Hey, trade what you see and what you tested...
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