Here on the USDCAD
4 Hour timeframe we have a potential bullish Cypher
Pattern setting up. Not shown on this chart, but if you look left we've just run into a zone of previous structure support
around the 1.30 level & my higher timeframe analysis sees this as a level in which we may see a bigger reversal than just the small relief that is usually expected from pattern trades.
*In another post I'll share the at market Gartley Pattern
that we have on the hourly chart*
As always if you have a questions, comments or just wanted to share your idea on this pair please do so below!
Also how about those Everton signings! :-)
Your Trading Coach