EURUSD : Which Cypher ?

By Noldo
Hi.

At EURUSD, first the Bearish Cypher Pattern worked and we came down.
Now for the work of Bullish Cypher Pattern,
A closing on the Blue Trendline is required.
There is not much hint when we look at COT Net Positions :

snapshot

Only 2% Position increase is observed on Autonomous LSTM Adaptive Period.

Let's follow the Blue trendline.

1W Chart Status :

snapshot

And we are under the influence of Bearish Cypher whenever we cannot break this trend line.
It should not be forgotten.

Finally, if you think this analysis is useful to you,
press the LIKE button )
Regards.
Chart PatternsCurrenciesCypherEURUSDForexoversoldoverviewterminalTrend Analysis

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