NZDCAD is performing a text book Cypher Pattern.
XABC Now complete, next leg CD. Whilst above 141.4% level, potential Cypher pattern in place.
Rule 3 is, leg BC should at least touch 127.2% extension of XA and not close below the 141.4% fibonacci extension level.
We will BUY at current prices, stop loss below 141.4% level (To complete Leg CD)
XABC Now complete, next leg CD. Whilst above 141.4% level, potential Cypher pattern in place.
Rule 3 is, leg BC should at least touch 127.2% extension of XA and not close below the 141.4% fibonacci extension level.
We will BUY at current prices, stop loss below 141.4% level (To complete Leg CD)