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Akil_Stokes
Jun 7, 2016 11:59 AM

GOLD: Bearish Cypher Formation with 2618 Possibility  Short

Gold/U.S. DollarFXCM

Description

My trading buddy Phillip just brought this Bearish Cypher on Gold to my attention and although it looks as if price is rolling over off the "D" completion. Those looking for a secondary change for entry should keep there eyes out for a retest of the double top providing you with a bearish 2618 opportunity. If you're unfamiliar with the 2618 trading strategy, there's a free video training on our website (below)


Akil Stokes
Chief Currency Analyst & Head Trading Coach
TradeEmpowered.com
The Premier Online Trading Education Company


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Comments
UnknownUnicorn168204
Awesome Akil! Lot's of love your way :)
Akil_Stokes
Thanks
Frank_Cowperwood1
Hi Akil! Your idea is canceled or delayed?
Akil_Stokes
The 2618 is no longer valid as price has put in new structure highs
Frank_Cowperwood1
Thank you!
pmcllc
2618 makes sense at this point
UlfatGarazade
Hi) h4 gold long position have cypher. I think... TP 1 - 1256.95. after down correction and up continue to TP2. Support and resistance take into concideration. sorry I speak English bad))
UlfatGarazade
UlfatGarazade
h4 shark and bat
DanielAnthony
hello, can I ask you please upload the chart with the patterns, I'm still learning, thanks.
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