Carlos_LL
Short

BEARISH CYPHER FINISHING ON 1H NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Bearish Cypher pattern finishing on 1H NZDUSD . Entry near the .6800 handle, so look out for stop hunters. Entry on .886 recommended for better TP ratios. First target for profit @ .382 of CD. RSI on overbought favoring short entry with slight divergence. Overall trend down, secondary target @ . 618 retracement of CD leg. SL placed with some slack above X due to closeness on .6800 handle.
Comment: Trade is active.
Comment: SL hit.

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