usdchf is giving us a couple of hints that we can be lookin to short it early this week. we have a cypher coming up around .99500 area so we want to watch closely. also a fib in there and a geometrical move up. and an expanding triangle. lets see where support gets met.
Komentarz
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usdchf has done a good job at raising prices even more without breaking out of the expanding triangle. lets see if it trigers the cypher and dropps. ideally the expanding triangle would hold since it is a good indication of a reversal
Komentarz
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waterfall
Komentarze
DAVID_GIRALDO
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double top...
DAVID_GIRALDO
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nice drop. tbh i wouldnt be surprised if usdchf goes up to touch 1618 and even trigger the cypher all while still inside the expanding triangle you could expect everything and anything from these markets hahaa
ZaliQifty
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nice one. but I have this question, C point for Cypher need to be at least 127.2 XA ext and not to have any closed candle exceeding 141.4. yes? I'm trying to understand here.
DAVID_GIRALDO
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at least a 113 and not exceed 141
ZaliQifty
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thanks! I was referring to a few you tube videos, it says at least 127.2, but it seems like 113 is suffice. thanks again! I can now reduce subjectivity in harmonic trading.