TomHall
Short

NZD.USD - Bearish Cypher Pattern - 0.6841

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
On the NZD.USD 15 min chart we have a potential short opportunity at the D leg completion of a bearish Cypher Pattern

The price reversal zone on this pair is between 0.6841 & 0.6861
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Fibonacci Confluence: 78.60% - 127.20% & 161.80%

Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 0.6765
Stop loss would be placed above X leg structure resistance

Website: http://www.UKForexSignals.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Instagram: http://www.Instagram.com/Tom_Hall_Official
Twitter: www. Twitter.com/Tom_H_Official
Website: http://www.UKForexSignals.com
Become an Affiliate: https://ukforexsignals.idevaffiliate.com
Instagram: http://www.Instagram.com/UK_Forex_Signals
Twitter: http://www.Twitter.com/Tom_H_Official
Facebook: http://www.Facebook.com/UKForexSignals
Hi tom, cheers for your charts im finding them extremely helpful for utilising advanced patterns, might i ask, how do you reach the 1.27 confluence level at the D leg area? I just can't work it out..
+1 Reply
TomHall TOP Tiberious
Hi,
No problem at all.
As this chart was nearly a month a go i can't remember off the top of my head, but i will find out for you.
Reply
thank you!!
+1 Reply
My pleasure.
Reply
A very good idea 1
+1 Reply
TomHall TOP waterman
Thanks very much
Reply
We also have a bullish opportunity i have been lurking at since last week
snapshot
+1 Reply
TomHall TOP ThomasJeff_DCM
It's not i pattern i would personally trade, but its a solid setup.
Reply
I would like your opinion on why, its a perfectly fine Cypher
+1 Reply
ThomasJeff_DCM ThomasJeff_DCM
Just had this perfect Bat setup, reversed right at the PRZ but my spread was 1 pip too big at the market opening earlier tonight, ohh i hate those sundays :-)
snapshot
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out