AdamReid
Long

Bullish Cypher At Structure Reversal Zone

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
The Nzdusd             meets the ratio's for a valid bullish cypher pattern on the 240m timeframe. Not only is the pattern tradable as the pattern itself but it completes at a structure reversal zone which allows for potential extended targets.
Initial targets at the 38.2 and 61.8 retracement levels. Stops below the X leg.
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