1H Cypher Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Mar 3, 2015 1:36 PM

I am taking a short position on the Cypher.
The Ratios are good and we are coming up to a Resistance area.
The resistance area is based on the 4H chart. Marked in yellow dotted lines. And we are in a channel.

Both targets hit.