tommyb35

Potential Back to Back Cyphers On NZDUSD

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
There is potential bullish cypher pattern setting up on NZDUSD. Now this comes off the back of a Bearish Cypher that not only completed, but hit both Target 1 and Target 2. This bullish cypher will complete at .68160. Minimum stops need to be below X, with target 1 at a 38.2 retracement and target 2 at a 61.8 retracement.

As always, make sure to follow your trade plan.

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