TradingView
KyleMcQuade
Oct 17, 2016 6:41 PM

CADJPY Bearish Cypher Short

FX:CADJPY1D
Canadian Dollar/Japanese YenFXCM

Description

⋅
Similar to the USD/JPY setup, instead we have a possible bearish cypher forming on the daily time frame . If the pattern completes I'll look for an entry around the 81.00 - 82.00 price level.

Cypher ratios:
AB = 0.382-0.618
BC= 1.13-1.414
XD = 0.786
CADjpyCADJPYBearish PatternsCypherHarmonic PatternsshortDaily Chartssixfigurecapital
More