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Timcqueen
Oct 20, 2017 5:40 AM

Bear Cypher Opp with Bearish 2618 option 

U.S. Dollar/Canadian DollarFXCM

Description

Sometimes strategies come in multiples. If one strategy doesn't complete, there may be one inside the other. In this case, The Double Top formed which triggered a series of moves that formed the advanced Cypher Pattern on Price's bearish descent. As this pattern formed, the 2618 was already an expectancy following the Double Top. As much as I want that Cypher, I can easily settle for the 2618 if price action doesn't fill the advanced pattern above.

Trade closed: stop reached

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