Taking the risk of trading against trend // Caution ®

٢٥ سبتمبر ٢٠١٥

EURUSD

Let's see what the market brings us, there's a few advanced patterns still valid and in formation, i take this Bat just for guidance of my long position. Point C can also be printed below the support, below the 76.4%, so the SL should be set below Point A in this case.

If the market decide to ignore me (or vice-versa), and continue in free fall, (apparently as I write he betrays me), I suggest a parachute, because we may be on route to the Cypher published previously. Check links below.

BAT:
Point B:
38.2% to 50% XA
Point C:
38.2% to 88.6% AB
Point D:
88.6% XA
Targets:
TP1 38.2% AD
TP2 61.8% AD

Safe trades;
Short d IF/when completed is safer ;)