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UnknownUnicorn180388
2 dec 2016 08:22

EUR.CHF - BEARISH CYPHER SETUP - 1.0801 Kort

Euro Fx/Swiss FrancFXCM

Beskrivning

On the EUR.CHF 1hr chart we have a potential short opportunity at the D leg completion of bearish Cypher setup.

The price reversal zone on this pair is between 1.0801 & 1.0816
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 1.0756
Stop loss would be placed above X leg structure resistance.

Target 1 - 1.0781
Target 2 - 1.0769

Order avbruten

Setup no longer valid
Kommentarer
Hendrik1810
Thanks looks good!

UnknownUnicorn180388
@Hendrik1810, Thank you :-)
PasinduRashmika
Dear Tom,

Can you Please update EUR/USD Analysis Today... ?
UnknownUnicorn180388
@PasinduRashmika, Hi,
Which EUR.USD chart was it you had in mind?
Gbprider
good ;)
UnknownUnicorn180388
@Gbprider, Thank you.
Mer