Perfect parallel harmonic Cypher Short

Gold/U.S. DollarFXCM

Description

⋅ Oct 5, 2013 9:57 AM

Perfect parallel XA and BC in this bearish Cypher. The T1 and T2 fall into SR zones which shows a high probability if the pattern completes. The C did not violate the previous low of the initial leg up, indicating a bullish move towards D