Yesterday I posted a chart looking at a bullish Cypher
pattern on the NZDUSD
. After a move to hit profits during the London session, price action has sharply retraced back into support presenting a double bottom
with divergence on the RSI
. If this level can hold I anticipate a rally up to at least the 8470 to 8500 level. With the same psychological level being right below the potential reward is well worth the risk in my opinion. "Plan Your Trade, Trade Your Plan"