An insight into Cypher patterns using DeMark indicators [Video]
|The long-term bias remains bullish for the USD but there is ample scope for a move in either direction from current levels.
The Euro looks to be forming a bearish Butterfly formation but with ample scope for a move to the upside.
The long-term bias for EURUSD is bearish but there is ample scope for a move to 1.2291-1.2298 to complete the bearish formation.
Will DeMark indictors then offer exhaustion counts? I highlight what to looks for in this scenario.
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