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moneymaking
Jan 21, 2016 1:23 PM

NZDCAD: BULLISH CYPHER PATTERN ON 15 MINS TIME FRAME !!! Long

New Zealand Dollar/Canadian DollarFXCM

Description

Hello Traders,

Here we got a quick trade setup on FX:NZDCAD on 15 mins chart.. The Bullish Cypher Pattern has already been completed within the consolidation zone, now just waiting for the market to retrace back to the entry point (78.6% Fib level). Stops and targets are posted on the chart above.

NOTE #1: We just got our entry triggered on the retest of the entry point. Trade is active now.

Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)

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Comment

UPDATE #1: Stop loss reached. Trade closed.

Trade closed: stop reached

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