ADAMMAC

EURUSD CYPHER PATTERN INTO AN UPTREND DUE FOR A PULLBACK

Short
FX:EURUSD   Euro / Dollar Américain
I WISH I had figured this out earlier!! Cypher pattern created on day chart with all levels on point and validated at XABCD. I predict that the uptrend is due for a pullback to a previous line of resistance now acting as a line of support at the 1.1326 level. Confirmation from stochastic indicator shows this could be a high probability trade and a short will be put in place at the right entry point. Economic phenomena on Monday/ Tuesday will confirm my position to short on this trade.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.