EUR/CAD: Possible Bullish Cypher Pattern (1H Chart) Long

Euro Fx/Canadian DollarFXCM

Description

⋅ Jul 8, 2015 2:18 PM

At 1.38821 we have the D point and Bullish Cypher Pattern complete.
First Target - C-D 38.2 retracement (Risk/Reward Ratio: 1.2)
Second Target - C-D 61.8 retracement (Risk/Reward Ratio: 1.95)
Stop under X point