EUR.USD - Bearish Cypher 1.1976 & 1.2091

14 nov 2017

Currency pair - EUR.USD
Chart timeframe - Daily
Area of interest - 1.1976 & 1.2091
Chart pattern - Bearish Cypher

Potential target 1 - 1.1815
Potential target 2 - 1.1714
Potential extended target - 1.1658

14 nov 2017

Nota

A strong break above the Daily 50 EMA adding additional confluence to the overall bullish outlook.

15 nov 2017

Nota

A pullback on the 4hr TF is now expected prior to the next bullish impulse.

16 nov 2017

Nota

The pullback is now underway, i expect a bullish impulse into late this week / early next week.

27 nov 2017

Nota

Price approaching D leg completion 1.1976