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UnknownUnicorn101425
Jun 4, 2015 4:32 PM

USDCHF Potential bearish Cypher pattern Short

U.S. Dollar/Swiss FrancFXCM

Description

While we are waiting for the original Bullish cypher to complete after the double bottom, this pattern turned up, so if price retraces during the trend continuation we got a chance to ride it down a little but. Its counter trend so we only have 1 target! RSI is floating in the middle just as the price is in the middle of the two patterns, so lets see whats going to happen. Remember NFP tomorrow if you enter a trade manage it live during the news event.

Kind regards
Thomas Jeff
Comments
UnknownUnicorn101425
We got the entry and the target on this one too, i guess we can say thank you to the NFP spike
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