EURGBP Possible Cypher formation
Following Tom Hall's idea, a new Cypher may be forming, D point of completion is 0.8355 (-ish).
Primary targets at 38.2% and extended at 61.8% at 0.84280 and 0.84760 with stop losses at the safer 0.82900
Let's see how it plays out.
Primary targets at 38.2% and extended at 61.8% at 0.84280 and 0.84760 with stop losses at the safer 0.82900
Let's see how it plays out.
Order cancelled
Current setup in invalid due to higher wick on a later date. this would bring up the 0.786 retracement to around the 0.83611 tag and actually complete the slightly different Cypher pattern.Too bad, I should have seen it...
well let's put this behind us and trade the next one
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.