Using multi timeframe analysis, Advanced Pattern (Cypher) theory and Box Theory© we have a strong possibility of a Cypher beginning on NZD/USD.
At this point this is purely a theory, an exercise in technical analysis; until our rules are met we won't trade. However it will be interesting to see what (if any) of our analysis comes true over the coming days. As always, comments welcome.
At this point this is purely a theory, an exercise in technical analysis; until our rules are met we won't trade. However it will be interesting to see what (if any) of our analysis comes true over the coming days. As always, comments welcome.
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Further analysis:
