LOPEZRUBEN92

LOPEZRUBEN92

We can see price respect the ascending trend line many times, making a kind of W bottom or double bottom pattern, also with double key reversal bars. Even if we see price action, we can see a CYPHER pattern near in the future.

LOPEZRUBEN92

BASE ON PRICE ACTION I FOUND A INVERTED HEAD & SHOULDERS PATTERN WITH A MINI DOUBLE BOTTOM ON THE FORMATION OF THE RIGHT SHOULDER.

LOPEZRUBEN92

I'M EXPECTING TOMORROW A BIG BEARISH MOVE ON THIS PAIR. THIS IS BECAUSE TODAY'S SESSION WE RETEST THE NECKLINE 0N 1.25 IF THE BAR OF THE DAILY CHART TODAY CLOSE ON THE LOW, IM GOING TO PUT MY SELL STOP ORDER 4 PIPS BELOW THE CLOSE OF THE BAR.

LOPEZRUBEN92

AFTER WE BROKE THE NECKLINE OF THE DOUBLE BOTTOM, NOW IM PRETTY SURE THAT THIS MARKET NOW IS TURNING BULLISH FOR A LONG PERIOD

LOPEZRUBEN92 Updated 

Target 61.8% Fib level from the cypher pattern

LOPEZRUBEN92

WE HAVE THIS BIG BEAR PATTERN, ALSO WE HAVE A RETEST ON THE NECKLINE 0.72000, SO PRICE ACTION IS READY DROP