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Alexander_Nikitin
Nov 17, 2016 11:00 AM

A cypher advanced formation Short

New Zealand Dollar/U.S. DollarFXCM

Description

Hey, mates After a false break out on the Higher timeframe we now have a breakout into the opposite direction. Typically the second breakout turns into a true breakout. So my higher timeframe prediction was to trade in the direction of the second breakout which means to the downside. See the full analysis video below this description. It is called a sample video.
Comments
ysspavan
Take only 38% retrace?
Alexander_Nikitin
@ysspavan, Yes. I only do one entry-one exit. Whatch the video for detailed explanations.
ysspavan
@Alexander_Nikitin, Thank you.
Alexander_Nikitin
@ysspavan, you are welcome:)
ysspavan
Targets and stops?
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