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Siyabonga_Ngcobo

BULL BUTTERFLY OR BEAR CYPHER PICK YOUR PICK EURCHF

Euro / Franc Swiss (FX:EURCHF)  
Siyabonga_Ngcobo  
FX:EURCHF   Euro / Franc Swiss
Butterfly Cypher AB=CD structure-trade Wedge consolidation EURCHF
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butterflypattern cypherpattern abcdpattern structure-trade wedgepattern consolidation eurchf
As we progress this week the EURCHF is literally side ways giving pattern traders the upper hand. If the market continues lower, we could look to buy the EURCHF back into support structure at 1.0615 which lines up with the bull butterfly. Slightly above we have an AB=CD harmonic move which further gives me confidence about the direction of the market. However if the market shoots up, we could look to sell at the bear Cypher as counter trend traders. Well with this we are pretty much 3 steps ahead of the market and it is clear as day light on what we must do if Price Action reaches or target zones.

Good Trading Guys

Idea Berkaitan

Siyabonga_Ngcobo
AT MARKET BEAR GARTLEY
Siyabonga_Ngcobo
2 CYPHER'S AND A BUTTERFLY ON THE EURJPY
Penafian

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