This pair is very likely to react here, for a 200 pip drop. Wait for a clear reversal, though! (When two Cypher Pattern's PRZ are this close together, usually there is a brief reaction off of the first PRZ and the turn happens in the second PRZ - Much like the case here.)
Here is a close up;
Not
Second Chance to get in on this Short Sell it off of 161.70 and there is a 20 pip stop for +200.
Not
Now it's just a strait drive to 159.50.
İşlem elle kapatılmış
I'm outta here. Took +100 pips out of this and there is no point on wasting any capital here ... ... when there are far better trades out there! (EUR/USD Short, USD/YEN Long, etc.)
İşlem aktif
Buy it up!! LONG
İşlem aktif
Buy it up - LONG! This is likely to hit that major PRZ, one more time, before fully reversing.
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