UKOIL (Intraday Perspective: Downside pressure below 43.76) Oil bounced back up over night, however holding below descending trendline resistance. Sellers may make a showing at 43.76 resistance and push price lower with 42.93 support being a level that buyers can consider.
DXY (Intraday perspective: downside pressure below 93.50) We are seeing a mid-probability bearish scenario below 93.50. 92.33 marks a potential downside target for shorts as well as a platform for buyers to consider .Ichimoku cloud also indicates further downside pressure for the pair.
The Cypher Pattern Trading Strategy will teach you how to correctly trade and draw the cypher pattern . You can use the cypher harmonic pattern on its own and have a profitable Forex trading strategy. The Cypher pattern forex needs to satisfy the following Fibonacci rules: AB= 0.382 to 0.618 retracement of the XA swing leg; BC= extend to minimum 1.272 and...
The Cypher Pattern Trading Strategy will teach you how to correctly trade and draw the cypher pattern. You can use the cypher harmonic pattern on its own and have a profitable Forex trading strategy. The Cypher pattern forex needs to satisfy the following Fibonacci rules: AB= 0.382 to 0.618 retracement of the XA swing leg; BC= extend to minimum 1.272 and maximum...
Actually GBPJPY next target is @137.699 a last week of trading little bit of consolidation But now perfectly 38.20 fib level touch and boom As will as you can able to cypher pattern show same price level @137.699
Previous level of support now currently is resistance zone if is going to first retest drop atlest 30 pip maybe