EURUSD
This is a Cypher not yet invalidated despite the oscillation and volatility.
We are trading below the resistance and a retracement is expectd, lower time frames advanced patterns completed at this level, there's short positions standing by...
At major time frame there's an eventual cypher being forged, targeting the 38% retracement from weekly chart, also synced with an obvious AB=CD pattern target and finally synced with previous structure low's from 24 July 2012.
Ratios:
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
Safe Trades;
